Paytm shares jump 5% after Bernstein assigns target price above IPO price for first time
Paytm shares rallied after Bernstein raised its target price to Rs 2,200, implying 52% upside, while retaining an Outperform rating. The target is the highest on the Street and the first above Paytm’s Rs 2,150 IPO price, with Bernstein factoring in UPI MDR from FY28.
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Also reported by 1 other outlet
- Paytm shares jump 9% to 52-week high as Bernstein raises target to ₹2,200 thehindubusinessline.com