Infosys Q4 earnings exceeded analysts' estimates by $0.01, with JPMorgan increasing its stake by 14.4%.
Infosys Limited (NYSE: INFY) reported Q4 earnings of $0.18 EPS, surpassing analysts' consensus estimates of $0.17 by $0.01. JPMorgan Chase & Co. increased its holdings by 14.4% in the second quarter, owning 83,099,498 shares valued at $1,335,409,000. Institutional investors hold 11.39% of the stock, and Infosys has a market capitalization of $79.80 billion. The company has an average "Hold" rating from 11 brokerage firms with a $20.95 average 1-year target price.
March 06, 2024
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