Pending — not yet graded
“Neutral on Infosys, downgrading to 'Add' from 'Buy' due to a sharp rally in stock prices from recent lows. The price target remains unchanged at ₹1,200. Infosys is at a slight disadvantage in enterprise AI adoption due to higher application services exposure and is expected to underperform peers in organic growth in FY27.”
InfosysNeutralCalled 21 Aug 2026
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