Susquehanna Raises Infosys PT from $18 to $19, Keeps Neutral Rating

Infosys Limited (NYSE:INFY) is one of the Best Cybersecurity Stocks to Buy Under $100. On July 24, Susquehanna raised the price target on Infosys Limited (NYSE:INFY) stock from $18 to $19, keeping its Neutral rating.

James Friedman from Susquehanna increased the price target on INFY following solid Q1 FY2026 results, which saw the bottom end of guidance raised. Infosys has revised its revenue growth to 1-3% in constant currency terms, while operating margin guidance remains at 20-22% for FY2026. Friedman sees this to be encouraging, especially since third-party revenue is expected to decline.

Infosys Limited (NYSE:INFY) posted a strong start to FY2026 with a 2.6% sequential growth and a 3.8% year-over-year revenue growth. The company secured large deals worth $3.8 billion, indicating increasing client trust and delivery capabilities. Infosys is focusing on enterprise AI as the demand for AI agents continues to soar. The company has demonstrated leadership in this segment with successful client projects across various industries.

Infosys Limited (NYSE:INFY) is a diversified company that offers cybersecurity services, digital services, and consulting services. Infosys Cyber Security assists businesses in building a resilient and strong security profile. The company offers a comprehensive suite of cybersecurity services and solutions, including managed security services, cloud security, identity and access management, and data protection, among others.

While we acknowledge the potential of INFY as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.