Street View: Infosys' Q1 results a 'balanced performance' and best among peers

** India's no. 2 IT services exporter Infosys INFY1! raised the floor of its annual revenue forecast and posted bigger-than-expected quarterly sales on Thursday

** At least 11 analysts hiked PT on stock after results, raising the median PT to 1,700.50 rupees from 1,660 rupees last month, as per data compiled by LSEG

TICKING THE RIGHT BOXES

** Citi ("neutral," PT: 1,660 rupees) says INFY reported an all-around strong Q1, with its margins well ahead of peers

** Brokerage says it continues to prefer INFY over other large-caps, adding that INFY should clearly stand out within its peer group

** Morgan Stanley ("equal-weight," PT: 1,700 rupees) called INFY's Q1 results a "balanced performance" and said it expects INFY to delivery FY26 revenue growth towards the top end of its forecast range, with margins above the mid-point

** CLSA ("outperform," PT: 1,861 rupees) says INFY's results "ticked all the right boxes" and show it is capturing current demand areas of enterprise AI

** Brokerage added INFY reiterating FY26 margin forecast negated the view that gen-AI is leading to structural headwinds for IT firms' profitability and deals momentum