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Infosys Draws Four Downgrades in a Day on Weaker Sales Outlook

Key Points

Infosys Ltd. was downgraded by at least four analysts in a single day after India’s second-largest software exporter cut its annual sales forecast, deepening concerns over disruption from artificial intelligence.

Infosys Ltd. was downgraded by at least four analysts in a single day after India’s second-largest software exporter cut its annual sales forecast, deepening concerns over disruption from artificial intelligence.
Infosys (ORG) Infosys Ltd. (ORG) India (LOCATION)
Originally published by Bloomberg Markets Read original →