Infosys risk/reward remains attractive, says RW Baird Baird believes the risk/reward for Infosys remains attractive despite its recent 6% move. The firm believes its momentum can continue and the company may be returning to its historical beat/raise pattern. Baird cited recent stabilization of margins and expectations for an acceleration of earnings growth over the next few years. Shares are Outperform rated with a $60 price target.
News For INFY From The Last 14 Days
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Infosys upgraded to Outperform from Market Perform at Cowen Cowen upgraded Infosys after its survey indicated improvements in key demand metrics. The firm raised its price target for shares to $65 from $55.