Infosys Draws Four Downgrades in a Day on Weaker Sales Outlook

Infosys Ltd. cut its annual sales forecast, prompting at least four analyst downgrades. India's second-largest software exporter had previously guided for higher revenue growth. The company cited disruption from artificial intelligence as a factor in the revised outlook.

• Bloomberg — Infosys Draws Four Downgrades in a Day on Weaker Sales Outlook

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