MUMBAI J.P.Morgan and Barclays Capital upgraded their ratings on Infosys to "overweight", citing an expected improvement in earnings after the software services exporter posted better-than-expected results and revenue outlook on Friday.
Barclays raised Infosys Ltd (INFY.NS) to "overweight" from "equal weight", while J.P.Morgan raised its rating from "neutral."
(Reporting by Abhishek Vishnoi and Rafael Nam; Editing by Subhranshu Sahu)
Trending On Reuters
A Turkish Airlines flight from Bangkok made an emergency landing in New Delhi after a written bomb threat was found in a toilet on the Airbus A330 passenger jet carrying 134 passengers, the airline and Indian security sources said. Full Article
Insight - Car dashboards that act like smart phones raise safety issues Full Article