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J.P.Morgan, Barclays upgrade Infosys to overweight

Source : REUTERS
Last Updated: Mon, Jan 14, 2013 05:46 hrs
Employees walk in a forecourt at the Infosys campus in the Electronic City area of Bangalore

J.P.Morgan and Barclays Capital upgraded their ratings on Infosys to "overweight", citing an expected improvement in earnings after the software services exporter posted better-than-expected results and revenue outlook on Friday.

Barclays raised Infosys Ltd to "overweight" from "equal weight", while J.P.Morgan raised its rating from "neutral."


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