Company updateCNBC-TV18
Nomura cuts Tata Steel target to Rs 210
Negative-102 sources
GreyOak summary
Nomura cut its Tata Steel target price to Rs 210 from Rs 240 due to lower EBITDA estimates for the European business. UBS maintains a neutral rating with a target of Rs 220. The stock fell 2.8% after the September quarter results.
What it affects
- Tata SteelTATASTEELNegative -10
Target price cut by Nomura; UBS stays neutral.Rolling sentiment Positive +43
Source
Read the original at CNBC-TV18More Tata Steel news
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