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Infosys price target lowered to $10 from $13 at TD Cowen

TD Cowen lowered the firm's price target on Infosys to $10 from $13 and keeps a Hold rating on the shares. The firm updated its model ahead of the upcoming earnings season where they said a mid-year reset is anticipated for many in the sector as downstream impacts from elongated geopol uncertainty present downside risk to C2H estimates.

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TD Cowen lowered the firm's price target on Infosys to $10 from $13 and keeps a Hold rating on the shares.

The firm updated its model ahead of the upcoming earnings season where they said a mid-year reset is anticipated for many in the sector as downstream impacts from elongated geopol uncertainty present downside risk to C2H estimates.