Infosys Technologies (INFY) PT Raised to $10 at Baird

Baird analyst David Koning raised the price target on Infosys Technologies (NYSE: INFY) to $10.00 (from $9.00) while maintaining a Neutral rating.

The analyst remains sidelined citing cautious following the post-split where investors received one bonus equity share for every equity share held.

You May Also Be Interested In

• JPMorgan Downgrades ASX Limited (ASX:AU) (ASXFY) to Neutral
• Kotak Upgrades Max Financial Services (MAXF:IN) to Buy (1)
• Axis Capital Limited Downgrades Tata Motors Passenger Vehicles (TMPV:IN) to Sell (4)