Here's Why Wedbush Added Infosys To Best Ideas List

Infosys Ltd INFY received some positive commentary from Wall Street, as Wedbush Securities added the stock to its Best Ideas List, noting it is "well-positioned" to bring the highest growth rates in the sector.
Analyst Moshe Katr has an Outperform and $30 price target.
The price target implies an upside of 32.4%.
Katr noted that the recent 15% decline in the stock gives investors "an attractive buying opportunity as the stock's appreciation will continue to be a function of accelerating top-line growth rates with stable margins."
Price Action: INFY shares traded higher by 2.91% at $23.33 in the market session on the last check Monday.

Momentum29.12

Growth54.91

Quality84.25

Value50.66

Short

Medium

Long

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