Brokerages raise SBI target price after Q1 earnings beat
· economictimes.indiatimes.com
State Bank of India shares faced a 2.2 percent decline on Monday, despite surpassing analysts' expectations for their June-quarter earnings. Most brokerages expressed continued optimism for the lender, with several firms increasing their target prices while maintaining a positive outlook. The consensus 12-month target price indicates a considerable potential upside from Monday's closing figures.
Agencies consensus price implies 17% upside, but stock falls
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