CLSA Maintains a Buy Rating on Infosys (INFY) With a PT of INR1,861

Infosys (NYSE:INFY) is one of the best NYSE stocks to buy under $20. In a report released on July 24, Sumeet Jain from CLSA maintained a Buy rating on Infosys (NYSE:INFY), setting a price target of INR1,861.00.

In other news, Infosys (NYSE:INFY) announced a strategic collaboration with RWE, a German multinational energy company, on July 28 to drive automated digital workplace transformation and improve operational efficiency.

The collaboration would implement solutions automating processes and enabling self-service options, supporting RWE’s ongoing efforts to drive operational excellence by leveraging Infosys Workplace Suite, which is an “amalgamation of tools and accelerators that help enterprises drive adoption of Digital Workplace Services”.

Infosys (NYSE:INFY) is a digital services and consulting company that provides end-to-end business solutions. The company’s operations are divided into the following segments: Financial Services, Retail, Communication; Energy, Utilities, Resources, and Services; Manufacturing, Hi-Tech, Life Sciences, and All Other.

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