Bernstein has revised its price target for Infosys (INFY), lowering it from INR 1,780 to INR 1,680 while maintaining an Outperform rating on the stock. This change reflects concerns about an uncertain demand landscape and softer than anticipated revenue projections for fiscal 2026.
Despite these short-term challenges, Bernstein remains optimistic about Infosys’ long-term prospects. The firm suggests that investors may find opportunities to accumulate shares should further price adjustments occur. Infosys' solid foundational strengths continue to underpin its positive outlook, according to the analyst’s note.
