04:40 AM EDT, 10/17/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:
We trim our 12-month target price to USD19 from USD22, reflecting FY 26 (Mar.) P/E of 24.8x, largely in line with Infosys's ( INFY ) five-year average forward P/E of 25.5x. Our applied P/E multiple is slightly lower than the one we used previously (27.5x) to reflect the sector-wide de-rating seen across Indian IT services companies over the past three months. We leave our EPADS forecasts unchanged. We maintain our 4-STARS (Buy) recommendation on Infosys ( INFY ), with its solid Q2 FY 26 results supporting our investment thesis. We are positive on long-term structural tailwinds, the company's execution discipline, and strategic agility in emerging technologies. While execution risks remain, Infosys' ( INFY ) consistent cash generation, disciplined capital return, and differentiated AI-led positioning provide a compelling case for sustained outperformance over the medium term.