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JPMorgan, Barclays upgrade Infosys to overweight

Barclays raised Infosys to 'overweight' from 'equal weight', while JPMorgan raised its rating from 'neutral'

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Reuters Mumbai

JPMorgan 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 JPMorgan raised its rating from "neutral."

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First Published: Jan 14 2013 | 8:48 AM IST

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