Infosys Has JPMorgan Overweight Amid Possibility Of Demand Recovery
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Infosys Has JPMorgan Overweight Amid Possibility Of Demand Recovery
JPMorgan has maintained its 'overweight' stance on Infosys Ltd. despite pressure on discretionary spending due to tariff uncertainty. The firm stated sectors such as retail, consumer, CPG and manufacturing had been impacted the most. Financial services remained strong, while Infosys' growth was robust into fourth quarter, the brokerage firm stated in its report."While discretionary spend projects face uncertainty, cost take-out signings have rem…
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