$INFY Faces Brokerage Downgrades as Guidance Cut Overshadows Q1 Growth

$INFY came under pressure after reporting a Q1FY27 performance that missed Street expectations and trimming the upper end of its FY27 revenue growth guidance, prompting several brokerages to downgrade the stock and lower target prices. While the company delivered double-digit growth in revenue and profit and maintained healthy deal wins, analysts flagged weak discretionary spending, slower client decision-making and a cautious demand outlook as key concerns. Most brokerages believe the guidance cut reflects a softer near-term growth environment, leading to a more cautious stance on the stock despite its strong long-term positioning in AI and digital transformation.