What's wrong with this simple script?

What's wrong with this script? It's suppose to make a welcoming label for a player that just joined the server. I can't change the label.

Local replicatedstorage = game:GetService('ReplicatedStorage')
Local status = replicatedstorage:WaitForChild('InfoValue')
script.Parent.Text = status.Value
status.Changes.connect(function()
script.Parent.Text = status.Value
end)

I put this script inside a Local Script that's inside a Text Label thats inside the ScreenGui thats inside the starter gui. When I change the value using the info value(inside ReplicatedStorage) it doesn't change the label.

Local replicatedstorage = game:GetService('ReplicatedStorage')
Local status = replicatedstorage:WaitForChild('InfoValue')
script.Parent.Text = status.Value
status.Changed.connect(function()
	script.Parent.Text = status.Value
end)

The problem is that you wrote status.Changed, but you need status.Changed because this is the real event name and the value was changed and is not changing.

It is

status.changed:connect(function(...

When you use connect, you have to use a colon(:).