Infosys Lifts Forecast, Analysts Cheer

  Published 8 months ago

Infosys raises revenue forecast floor, beats Q1 estimates; brokerages raise price targets citing strong margins and AI momentum.

  • At least 11 analysts hike price targets; median PT rises to ₹1,700.50 from ₹1,660, per LSEG data.
  • Citi, CLSA, and Morgan Stanley praise margin strength and AI demand capture; CLSA sees PT at ₹1,861.
  • Reiterated margin guidance calms fears over Gen-AI's profitability impact; INFY favored over other large-cap IT peers.

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