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Infosys shares fall 3% as JPMorgan downgrades stock, Jefferies cuts target after Q1 results
Infosys shares fell after global brokerages turned cautious following the company's Q1 FY27 results and a cut to the upper end of its revenue growth guidance. JPMorgan downgraded the stock, while Jefferies lowered its target price, citing weaker demand visibility despite strong deal wins and rising AI-led revenue.
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economictimes.indiatimes.com
Guidance cut expected? Infosys may not have good news for investors in Q1 results
Infosys is expected to post double-digit growth in revenue and profit for Q1FY27, aided by seasonal factors and acquisitions. However, brokerages remain divided on whether the IT…
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Infosys ADRs fall over 4% as Q1 revenue guidance cut overshadows profit growth
