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Enter Symbol:
 
Infosys Technologies (INFY) [hlAlert]

Rating:
Hold INFY
up 13.69 %

Infosys Technologies (INFY) downgraded to Hold with price target $56 by Jefferies & Co

Posted on: Thursday,  Jan 7, 2010  9:25 AM ET by Jefferies & Co

Jefferies & Co rated Hold Infosys Technologies (NYSE: INFY) on 01/07/2010. Previously Jefferies & Co rated Buy Infosys Technologies (NYSE: INFY) on
10/12/2009., when the stock price was $12.09. Since then, Infosys Technologies has gained 13.69% as of 01/07/2010's recent price of $13.74.
If you would have followed the previous Jefferies & Co's recommendation on INFY, you would have gained 13.69% of your investment in 87 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.

Our focus on growing and mid-sized companies enables us to identify unique investment ideas, which can make the difference in a tough market. Jefferies' research effort covers U.S. & International equity, high yield, convertibles, investment grade fixed income and post-reorganization securities, as well as special situations and quantitative research. The more than 120-person team of research professionals covers over 1,200 companies in more than 40 industries worldwide. Our analysts focus on identifying emerging industry themes and dig deeper to provide in-depth, thought provoking, objective research. Our analysts use a variety of quantitative and qualitative tools, integrating field analysis, proprietary channel checks and ongoing dialogue with the managements of the companies they cover. We utilize the latest technologies to deliver a research product that is timely, differentiated, and tailored to each customer's needs. Regular client access to companies and their management teams is provided through a wide variety of Jefferies hosted industry conferences, company management meetings and on-site tours.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/7/2010 9:25 AM Hold
None
13.74 14.00
as of 12/31/2010
1 Week   
1 Month   
3 Months   
1 YTD down  -0.54 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/12/2009 8:25 AM Buy
None
12.09 13.75
7/13/2009 8:25 AM Buy
None
9.10 10.00

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