Infosys, a leading Indian IT services firm, announced its third-quarter (Q3 FY26) results on January 14, 2026, reporting a 9% year-on-year increase in revenue from operations to ₹45,479 crore. Despite a 2% decline in consolidated net profit to ₹6,654 crore, partly attributed to a one-time provision of ₹1,289 crore for new labor codes, the company delivered a strong performance. A significant highlight was Infosys' decision to raise its full-year FY26 revenue growth guidance from an earlier 2-3% to 3-3.5% in constant currency terms, signaling improved demand conditions and management confidence. This positive outlook resonated strongly with international investors, leading to a substantial rally of over 10.45% in Infosys' American Depositary Receipts (ADRs) on the NYSE. Following the results, numerous global brokerage firms reiterated 'Buy' ratings and increased their target prices for Infosys shares. Centrum Broking, for instance, set a bullish target price of ₹2,076, citing strong traction in banking, financial services, and insurance (BFSI) verticals and increasing adoption of AI-led services. Other brokerages like Nomura and Emkay Global also provided positive outlooks with targets of ₹1,810 and ₹1,750 respectively. Given that the Indian stock market was closed for a holiday on January 15, 2026, the domestic shares are widely anticipated to witness a strong positive reaction when trading resumes on Friday, January 16, 2026, mirroring the overnight surge in its ADRs. The upward revision in guidance, coupled with robust large deal wins totaling $4.8 billion, positions Infosys for sustained growth in the evolving IT services landscape.