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Infomedia Ltd (IFM) was downgraded to a Hold Rating at Shaw and Partners

Infomedia Ltd (IFM) was downgraded to a Hold Rating at Shaw and Partners

Shaw and Partners analyst Jules Cooper downgraded Infomedia Ltd to a Hold today and set a price target of A$2.10. The company's shares closed yesterday at A$1.68.
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According to TipRanks, Cooper is a 3-star analyst with an average return of 3.4% and a 40.22% success rate. Cooper covers the Technology sector, focusing on stocks such as ikeGPS Group Ltd, Qoria, and Gentrack Group Ltd.
In addition to Shaw and Partners, Infomedia Ltd also received a Hold from RBC Capital's Garry Sherriff in a report issued yesterday. However, on July 24, TR | OpenAI – 4o upgraded Infomedia Ltd (ASX: IFM) to a Buy.
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