NDTV ProfitMarketsThe Biggest Target Price Upgrades And Downgrades In May
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The Biggest Target Price Upgrades And Downgrades In May

Price target upgrades by analysts outnumbered downgrades by about three to two in May.

03 Jun 2021, 10:55 AM IST
NDTV Profit
NDTV Profit
A bear and a bull statue stand outside the Frankfurt Stock Exchange in Frankfurt. (Photographer: Martin Leissl/Bloomberg)
A bear and a bull statue stand outside the Frankfurt Stock Exchange in Frankfurt. (Photographer: Martin Leissl/Bloomberg)
Price target upgrades by analysts outnumbered downgrades by about three to two in May as the Indian markets rose to near all-time highs on optimism of Covid-19 vaccination picking up, record collection of goods and services tax in April and improved India Inc. earnings in the fourth quarter.The average of 12-month target prices rose for 61 of BSE100 firms in the last month, according to Bloomberg data. The increase is in the range of...
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