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Analysts Cut Target Price For Three In Every Four Indian Stocks After Q4 Results
The biggest upgrades and downgrades in target prices of Indian stocks after fourth-quarter results.
13 Jul 2020, 07:36 AM IST
Analysts cut target prices for 76% of Indian stocks after corporate earnings in the fourth quarter were battered by the coronavirus pandemic, and rising volatility in the market.Of the 243 stocks analysed, target prices of 185 were downgraded since the start of the March-quarter earnings season, according to Bloomberg data. The estimates for 57 companies were hiked, while one remained unchanged.While the deepest cuts were seen in ban...
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