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Fly News Breaks for April 13, 2018
INFY
Apr 13, 2018 | 12:26 EDT
After Infosys reported Q4 results that were in-line with consensus expectations and trimmed its FY19 EBIT margin guidance, Berenberg analyst Georgios Kertsos said he continues to think the market underappreciates that the company's growth is coming at the expense of profitability. The analyst, who believes the pricing pressure the company faces will persist, maintains a Sell rating on Infosys shares.
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