BMO Capital Maintains Market Perform on Infosys, Lowers Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Keith Bachman maintains a Market Perform rating on Infosys (NYSE:INFY) and lowers the price target from $21 to $18.

April 19, 2024 | 4:23 pm
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BMO Capital maintains a Market Perform rating on Infosys and lowers the price target from $21 to $18.
The reduction in price target by BMO Capital suggests a bearish outlook on Infosys' short-term price potential, likely due to perceived challenges or limited upside at the current valuation. This adjustment could lead to a negative sentiment among investors, potentially impacting the stock's short-term performance.
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