Stifel maintains Hold on Infosys, lowers price target to $13
Stifel analyst David Grossman has maintained a Hold rating on Infosys while lowering the price target to $13 from $15.

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Stifel analyst David Grossman has maintained a Hold rating on Infosys while lowering the price target to $13. The revision reduces the previous target of $15, signaling a tempered outlook for the stock's performance.
Rating and Target Details
The research note confirms the Hold stance remains unchanged despite the lower price objective. The new target of $13 represents a decrease from the prior $15 level set by the firm.
| Metric | Value |
|---|---|
| Rating | Hold |
| Previous Price Target | $15 |
| New Price Target | $13 |
The adjustment provides investors with an updated benchmark for the stock's valuation potential.
Historical Stock Returns for Infosys
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.49% | +0.36% | +6.04% | -14.60% | -18.04% | -31.71% |
What specific factors led Stifel to lower the price target while maintaining a Hold rating?
How might this price target revision influence other analysts' ratings on Infosys?
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