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Infosys Technologies (INFY) [hlAlert]

Rating:
Hold INFY
down 5.24 %

Infosys Technologies (INFY) upgraded to Hold by Stifel Nicolaus

Posted on: Monday,  Jul 13, 2009  9:25 AM ET by Stifel Nicolaus

Stifel Nicolaus rated Hold Infosys Technologies (NYSE: INFY) on 07/13/2009. Previously Stifel Nicolaus rated Sell Infosys Technologies (NYSE: INFY) on 07/08/2009.,
when the stock price was $8.62. Since then, Infosys Technologies has gained 5.54% as of 07/13/2009's recent price of $9.10.
If you would have followed the previous Stifel Nicolaus's recommendation on INFY, you would have lost 5.24% of your investment in 5 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.

Stifel Nicolaus research focuses on all market caps, but is a leader in small- and mid-cap research. The department is staffed predominately with industry professionals from outside Wall Street. In fact, approximately 50% of its analysts have hands-on work experience in the industry that they research. Stifel Nicolaus believes industry experience, its opportunistic approach, and broad market cap coverage drive excess returns and its award-winning franchise.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/13/2009 9:25 AM Hold
None
9.10
as of 12/31/2009
1 Week   
1 Month   
3 Months   
1 YTD down  -5.53 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/8/2009 8:25 AM Sell
None
8.62 6.75

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