Bernstein has reiterated its ‘Outperform’ rating on Infosys, raising the target price to Rs 2,270 from Rs 2,100. The brokerage highlighted that Infosys continues to benefit from the ongoing “up-cycle,” with strong deal momentum supporting the positive outlook. Bernstein noted that Infosys has maintained its leadership in growth compared to peers, making it a top pick. The stock’s healthy performance in Q2 FY25 reinforces this view.
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