{
  "id": 4623862,
  "title": "Jefferies reiterates Hold on Infosys stock, $1,020 target",
  "url": "https://urgent.news/2026/08/31/jefferies-reiterates-hold-on-infosys-stock-1-020-target",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-31T10:24:48.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/analyst-ratings/jefferies-reiterates-hold-on-infosys-stock-1020-target-93CH-4882438"
  },
  "original_language": "en",
  "account": "Jefferies renews \"Hold\" rating for Infosys Technologies (NYSE: INFY) with a $1,020 price target, citing current market conditions and strategic outlook. The company's stock has dropped 31% year-to-date, but analysts note it is undervalued at current levels with a P/E ratio of 14.6. Infosys anticipates weak discretionary IT service spending due to macroeconomic pressures and shifting AI-led spending patterns. The firm remains committed to 1.5%-3.0% year-over-year growth for fiscal year 2027, but five analysts recently revised their earnings downward for the upcoming period. InformationPro reviews offer ten exclusive tips for INFY. Client projects are increasingly focused on specific functions, given the challenges of enterprise-wide AI rollouts due to factors like rapidly changing models, insufficient data, cloud readiness, and uncertain savings persistence. Despite the downgrade from HSBC and a cautious outlook, Infosys sees medium-term downstream demand from AI spending on models, hardware, and software, contributing to a stable strategic direction under the new CEO.",
  "summary": null,
  "key_points": [
    "Jefferies maintains Hold rating on Infosys with $1,020 target",
    "Stock down 31% year-to-date, undervalued at current P/E of 14.6",
    "Analysts foresee 1.5%-3.0% growth for FY 2027 despite recent earnings revisions"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}