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Infosys Technologies (INFY) [hlAlert]

Rating:
Buy INFY
up 56.64 %

Infosys Technologies (INFY) upgraded to Buy by BofA/Merrill

Posted on: Monday,  Jun 3, 2013  8:25 AM ET by BofA/Merrill

BofA/Merrill rated Buy Infosys Technologies (NYSE: INFY) on 06/03/2013, when the stock price was $11.03. Since
then, Infosys Technologies has gained 56.64% as of 01/14/2016's recent price of $17.27.
If you would have followed this BofA/Merrill's recommendation on INFY, you would have gained 56.64% of your investment in 955 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.

BofA/Merrill
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/3/2013 8:25 AM Buy
None
11.03
as of 12/13/2013
1 Week down  -2.00 %
1 Month up  1.64 %
3 Months up  13.34 %
1 YTD up  23.28 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/16/2013 9:25 AM Hold
None
10.65
4/15/2013 8:25 AM Hold
None
10.66

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