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Enter Symbol:
 
Infosys Technologies (INFY) [hlAlert]

Rating:
Neutral INFY
down 17.40 %

Infosys Technologies (INFY) downgraded to Neutral by HSBC Securities

Posted on: Monday,  Apr 16, 2012  8:25 AM ET by HSBC Securities

HSBC Securities rated Neutral Infosys Technologies (NYSE: INFY) on 04/16/2012. Previously HSBC Securities rated Overweight Infosys Technologies (NYSE: INFY) on 01/13/2010.,
when the stock price was $14.65. Since then, Infosys Technologies has lost 17.41% as of 04/16/2012's recent price of $12.10.
If you would have followed the previous HSBC Securities's recommendation on INFY, you would have lost 17.4% of your investment in 824 days.

Infosys Technologies Limited, defines, designs and delivers IT-enabled business solutions. These provide our clients with strategic differentiation and operational superiority, thereby increasing their competitiveness. Each solution the company provide is delivered with the industry-benchmark `Infosys Predictability` that gives our clients peace of mind. With Infosys, they are assured of a transparent business partner, business-IT alignment with flexibility, world-class processes, speed of execution and the power to stretch their IT budget by leveraging the Global Delivery Model that Infosys pioneered.

HSBC has refined and refocused its Global Equities organisation, creating a lean and flexible business model built to meet the needs of global issuers and investors today and in the future. Acknowledging the changing demands of clients, we have also refined our research model, moving away from traditional maintenance to focus on long term, thematic research (a two-year-plus horizon) combined with short term (zero to three months), real-time, actionable ideas both for companies and sectors.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/16/2012 8:25 AM Hold
None
12.10
as of 12/31/2012
1 Week   
1 Month   
3 Months   
1 YTD down  -5.79 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/13/2010 8:25 AM Buy
None
14.65

(*) Stock Price at the time of the recommendation.
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