Susquehanna raised the firm’s price target on Infosys (INFY) to $20 from $18 and keeps a Neutral rating on the shares. The firm updated it model following its Q3 results as its guidance for FY26 shows improvement. They also believe the company is increasing mindshare in AI and Agentification but they remain on the sidelines pending better visibility.
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Read More on INFY:
- Infosys price target raised to $18 from $17 at TD Cowen
- Infosys price target raised to $20 from $18 at BMO Capital
- Infosys price target raised to $19 from $16.50 at Stifel
- Infosys: Strong Growth and Deal Momentum Offset by Margin Constraints, Warranting Hold at Premium Valuation
- Infosys: Improving Revenue Traction and Deal Momentum Offset by Margin Pressure and Execution Risks, Justifying a Hold Rating