JPMorgan, Barclays upgrade Infosys to overweight

Barclays raised Infosys to 'overweight' from 'equal weight', while JPMorgan raised its rating from 'neutral'

JPMorgan and Barclays Capital upgraded their ratings on Infosys to "overweight", citing an expected improvement in earnings after the software services exporter posted better-than-expected results and revenue outlook on Friday.

Barclays raised Infosys Ltd to "overweight" from "equal weight", while JPMorgan raised its rating from "neutral."