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Macquarie upgrades Paytm to Outperform, raises price target 64%

Macquarie raised Paytm’s target to Rs 2025 from Rs 1,235 and upgraded it to 'Outperform'. It downgraded PB Fintech to 'Neutral', cutting its target to Rs 1,150 from Rs 1,950, while upgrading several Indian lenders and ICICI Prudential Life Insurance.

Macquarie raises its Paytm target price to ₹2025 from ₹1,235
Paytm target price, previous₹1,235
Paytm target price, new₹2025

Newer report , , Moneycontrol : Nomura initiates Paytm at Buy with Rs 2,250 target as NPCI defers UPI MDR framework until after Diwali

Reported figures

From the report. Source details below

  • 18 per cent
  • 1.3 times
  • Rs 500
  • Rs 455

The source

Source Read the source at Business Today

Published

Also reported by NDTV Profit

First seen