INFY downgraded from Buy to Hold @ HSBC
INFY downgraded from Buy to Hold @ HSBC
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These Analysts Slash Their Forecasts On Infosys After Q1 Results
Infosys (NYSE: INFY ) reported downbeat earnings for the first quarter on Thursday. The company posted quarterly earnings of 20 cents per share which missed the analyst consensus estimate of 21 cents per share. The company reported $5.082 billion in sales, up 2.85% over sales of $4.941 billion the same period last year