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Fly News Breaks for April 12, 2016
INFY
Apr 12, 2016 | 08:35 EDT
Baird analyst David Koning thinks that Infosys is at risk of report Q4 revenue that misses expectations and may also provide below consensus FY17 revenue guidance, making the risk/reward in the shares ahead of the report mildly negative. If guidance is near consensus, Koning said he will view it as "quite positive" for Infosys and the industry. Baird keeps a Neutral rating and $19 price target on Infosys shares.
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