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Enter Symbol:
 
Infosys Technologies (INFY) [hlAlert]

Rating:
Hold INFY
down 15.33 %

Infosys Technologies (INFY) downgraded to Hold by Needham

Posted on: Tuesday,  Jan 17, 2012  8:25 AM ET by Needham

Needham rated Hold Infosys Technologies (NYSE: INFY) on 01/17/2012. Previously Needham rated Buy Infosys Technologies (NYSE: INFY) on 07/14/2011., when
the stock price was $15.38. Since then, Infosys Technologies has lost 15.33% as of 01/17/2012's recent price of $13.02.
If you would have followed the previous Needham's recommendation on INFY, you would have lost 15.33% of your investment in 187 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.

Needham & Company, LLC focuses on emerging growth companies in technology, biotechnology and life sciences. The firm's research goal is to service the needs of growth-oriented institutional clients. Needham & Company has established itself as a premier specialty investment bank providing timely and valuable analysis on companies that are under-covered by the majority of Wall Street firms.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/17/2012 8:25 AM Hold
None
13.02
as of 12/31/2012
1 Week   
1 Month   
3 Months   
1 YTD up  1.34 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/14/2011 8:25 AM Buy
None
15.38 18.75

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