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Houseviews: 4 largecap stocks traders will keep an eye on
Thu, Jan 03, 2013 at 08:53
Infosys
Brokerage: Merrill Lynch
Rating: Buy
Target: 2600
Rationale: Delays in deal closures and cuts in spending in some of its banking clients are likely to result in lower growth than earlier expected. The company could lower its fy13 revenue guidance by 2% and EPS guidance by 4-5%.