|
Feb 18
|
|
$15.05
$15.05
+0.0%
|
NEUTRAL
|
Stifel (as reported by Benzinga)
|
Stifel maintained a "Hold" rating on Infosys while simultaneously lowering its price target to $17. The combination of a neutral "Hold" rating with a bearish price target reduction creates conflicting signals. The "Hold" implies a lack of a strong catalyst to buy or sell, while the target cut suggests deteriorating expectations. This uncertainty is unlikely to create a strong directional move. The analyst action is not a strong conviction call in either direction. The stock is caught between a negative revision (the cut) and a price target that still offers moderate upside from the current price. A neutral stance is warranted until a more significant catalyst emerges. The full analyst report from Stifel, if released, could contain a much stronger bullish or bearish rationale that would invalidate this neutral thesis. A significant beat or miss on upcoming earnings or major contract news would also override this single analyst action. |
Finnhub - INFY
Stifel Maintains Hold on Infosys, Lowers Pric...
|
|
Feb 17
|
|
$14.75
$15.05
+2.0%
|
N/A
|
Finnhub News
|
— |
Finnhub - INFY
Infosys Limited (INFY) Discusses Tech Transit...
|
|
Feb 17
|
|
$14.75
$15.05
+2.0%
|
N/A
|
Finnhub News
|
— |
Finnhub - INFY
Infosys shares are trading higher after the c...
|
|
Feb 17
|
|
$14.75
$15.05
+2.0%
|
N/A
|
Finnhub News
|
— |
Finnhub - INFY
Infosys Unveils AI‑First Value Framework Powe...
|
|
Feb 17
|
|
$14.75
$15.05
+2.0%
|
N/A
|
Finnhub News
|
— |
Finnhub - INFY
Infosys Joins Forces With Anthropic To Revolu...
|
|
Feb 17
|
|
$14.75
$15.05
+2.0%
|
N/A
|
Finnhub News
|
— |
Finnhub - INFY
Reported Monday, Infosys Topaz And Anthropic'...
|
|
Feb 13
|
|
$14.72
$15.05
+2.2%
|
AVOID
|
Raja Chakravorti
Professor of Economics, University of California, Berkeley
|
Indian software giants (Infosys, TCS, Wipro) are down significantly (Infosys ADRs down ~9%) due to fears that AI tools like Anthropic will disrupt their business models. Investors are re-rating valuations based on the fear that AI coding agents will decimate the "body-shop" model of legacy IT services. Analysts are downgrading revenue growth forecasts to low single digits. AVOID Indian IT until the disruption impact is quantified. Oversold conditions could lead to a technical bounce; companies may successfully integrate AI to improve their own margins. |
Bloomberg Markets
How AI Is Proving to Be a Double-Edged Sword ...
|