infosys technologies (DeutscheBank) Long-term demand outlook positive

CY11 spending stable; room for upward revision to FY12E guidance; Extraneous factors could impact growth negatively; M&A opportunities; Reiterate Buy and top pick status along with TCS (TCS.BO, Buy, INR1,175)
Date Rating Target Price Recommendation Price Broker house
23 May 2011 buy 3600 2850 DeutscheBank Report

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