Susquehanna Downgrades Infosys to Negative, Lowers Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst James Friedman downgrades Infosys (NYSE:INFY) from Neutral to Negative and lowers the price target from $15 to $13.
June 21, 2023 | 3:16 pm
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NEGATIVE IMPACT
Infosys downgraded to Negative by Susquehanna, with a lowered price target of $13.
The downgrade from Neutral to Negative by Susquehanna analyst James Friedman, along with the lowered price target from $15 to $13, indicates a bearish outlook for Infosys. This could lead to a negative short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100