Wells Fargo Sticks to Their Hold Rating for Infosys Limited (INFY)


In a report released today, Edward Caso from Wells Fargo maintained a Hold rating on Infosys Limited (INFY). The company’s shares closed last Monday at $9.29, close to its 52-week low of $8.85.

According to TipRanks.com, Caso is a 4-star analyst with an average return of 7.5% and a 72.1% success rate. Caso covers the Technology sector, focusing on stocks such as International Business Machines Corporation, DXC Technology Company, and Accenture.

Infosys Limited has an analyst consensus of Hold, with a price target consensus of $11.00, which is a 23.0% upside from current levels. In a report issued on October 11, Robert W. Baird also maintained a Hold rating on the stock with a $12.00 price target.

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The company has a one-year high of $12.08 and a one-year low of $8.85. Currently, Infosys Limited has an average volume of 12M.

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Infosys Ltd. is a digital services and consulting company, which engages in the provision of end-to-end business solutions. It operates through the following segments: Financial Services; Retail; Communication; Energy, Utilities, Resources, and Services; Manufacturing; Hi-Tech; Life Sciences; and All Other.

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