BMO Capital Maintains Market Perform on Infosys, Raises Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Keith Bachman has maintained a 'Market Perform' rating on Infosys (NYSE:INFY) and increased the price target from $18 to $21.
January 12, 2024 | 1:27 pm
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BMO Capital analyst Keith Bachman has reaffirmed Infosys's 'Market Perform' rating and raised the price target to $21, indicating a positive outlook on the stock.
The increase in price target by BMO Capital suggests a positive sentiment towards Infosys's future performance. This could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100