Infosys price target lowered to $17 from $18 at Stifel

Stifel lowered the firm’s price target on Infosys (INFY) to $17 from $18 and keeps a Hold rating on the shares after the company reported below consensus fiscal Q4 revenue and in-line EPS. Management initiated FY26 constant currency revenue growth guidance that was well below consensus at 8.5% and closer to the firm’s recently revised estimate of 3.5%, the analyst noted.