Susquehanna Maintains Negative on Infosys, Lowers Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst James Friedman maintains a Negative rating on Infosys (NYSE:INFY) and lowers the price target from $15 to $14.
April 19, 2024 | 1:06 pm
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Susquehanna analyst James Friedman maintains a Negative rating on Infosys and lowers the price target from $15 to $14.
The reduction in price target by Susquehanna reflects a bearish outlook on Infosys, likely due to concerns over its financial performance or market position. This negative sentiment from a prominent analyst could lead to a short-term decrease in stock price as investors adjust their expectations.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100