Company updateCNBC-TV18
UBS cuts Britannia target by 11% but keeps buy rating
Positive+10
GreyOak summary
UBS cut its target price for Britannia Industries to ₹5,800 from ₹6,500, an 11% reduction, while maintaining a 'buy' rating. Despite the downgrade, Britannia shares rose 1.5% to ₹4,848.
What it affects
- Britannia IndustriesBRITANNIAPositive +10
Shares gained despite target cut.Rolling sentiment Positive +30
Source
Read the original at CNBC-TV18More Britannia Industries news
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