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Fly News Breaks for August 20, 2018
INFY
Aug 20, 2018 | 09:45 EDT
As previously reported, Morgan Stanley analyst Parag Gupta downgraded Infosys to Equal Weight from Overweight following strong year-to-date outperformance and citing a belief that concerns around senior management exits will remain an overhang on the stock. With the company in the first year of a three-year transformation journey, Gupta sees limited upside risks to FY19 revenue growth and margins, the analyst tells investors. Gupta has a Rs1,450 price target on Infosys shares.
News For INFY From the Last 2 Days
INFY
INFY
INFY
Apr 18, 2024 | 08:27 EDT
Infosys announced a definitive agreement to acquire in-tech, an Engineering R&D services provider focused on German automotive industry. This strategic investment further strengthens Infosys' Engineering R&D capabilities and reaffirms its continued commitment to global clients to navigate their digital engineering journey. The acquisition is expected to close during the first half of fiscal 2025, subject to customary closing conditions and regulatory approvals.
INFY
INFY
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