ECONOMYEconomic Times Markets ยท 2 hours agoLive
Infosys shares fall 4% after IT major lowers FY27 guidance. What are Goldman Sachs, Nomura, others saying?
Reported by Economic Times Markets, not nibnow. We are not the publisher of this story, only the source is.
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WHAT HAPPENED
Infosys shares fell sharply on Monday after the IT major cut its FY27 revenue growth guidance to 1-2% from 1.5-3%, citing pricing pressure and a challenging demand environment. While Nomura remains bullish, Goldman Sachs, Morgan Stanley, Citi and Choice Institutional Equities flag growth concerns, with differing ratings and target prices.
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