By Debdeep Gupta | 25 Apr, 2024
Bharat Forge jumps 5% on double upgrade from BofA Securities, analysts see 18% upside
Shares of Bharat Forge soared over 5 percent in morning deals on April 25 after the stock got a double upgrade from Bank of America (BofA) Securities. The international brokerage now has a ‘buy’ call on the stock with a raised target price of Rs 1,450 per share, implying an 18 percent upside from the previous closing price.Analysts at BofA Securities anticipate that the downcycle in the US tru...
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