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Infosys price target lowered to $15 from $16 at TD Cowen

TD Cowen lowered the firm’s price target on Infosys (INFY) to $15 from $16 and keeps a Hold rating on the shares. The firm adjusted targets in the IT services group as a part of a Q1 preview. The firm expects “broadly uneventful” quarters and maintains neutral views across most of the services sector.

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