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Citi, UBS, Jefferies stack bullish calls on LG India, Lenskart, GMR, IndiGo
Brokerages issue bullish calls on Indian consumer and retail-linked names: Citi initiates Buy on LG Electronics India, UBS on Lenskart, Jefferies/Macquarie on GMR Airports, Macquarie on Phoenix Mills; mixed views on Swiggy, Meesho, Nestle India and QSR chains.
Reported figures
From the report. Source details below
| Phoenix Mills TP | Rs 2,100 |
|---|
Also in the report
- Lenskart 69% gross margin
- Lenskart EPS CAGR 44% FY26-31
- Phoenix 50% mall space expansion by FY30
Other figures
- Lenskart TP Rs 730
- GMR TP Rs 125
- IndiGo TP Rs 5,380
- Meesho TP Rs 190
The source
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