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Enter Symbol:
 
Infosys Technologies (INFY) [hlAlert]

Rating:
Underperform
INFY
down 67.02 %

Infosys Technologies (INFY) downgraded to Underperform by Wachovia

Posted on: Monday,  Mar 2, 2009  8:25 AM ET by Wachovia

Wachovia rated Underperform Infosys Technologies (NYSE: INFY) on 03/02/2009, when the stock price was $5.70. Since
then, Infosys Technologies has gained 203.25% as of 01/14/2016's recent price of $17.27.
If you would have followed this Wachovia's recommendation on INFY, you would have lost 67.02% of your investment in 2509 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.

Wachovia offers a full range of products and services to meet the needs of corporate and institutional clients nationwide. These include capital raising, market making, and financial advisory products and services, to name just a few. We have the experience and resources you need to help your business grow and succeed. With a unified culture and integrated platform, ours is an organization that executes without distraction. We are focused and proactive, working as a team to deliver the ideas and capital for your needs.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/2/2009 8:25 AM Sell
None
5.70
as of 12/31/2009
1 Week down  -25.54 %
1 Month down  -37.90 %
3 Months down  -44.95 %
1 YTD down  -208.56 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/19/2008 8:25 AM Hold
None
9.74

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