Clean Max shares surge 13% in 3 days as Macquarie initiates coverage with outperform rating
Clean Max shares: Macquarie initiated coverage on Clean Max Enviro Energy Solutions with an Outperform rating and a Rs 1,700 target price, implying 24% upside from current levels. The stock has gained 13% in three sessions, making Macquarie the second brokerage to initiate coverage after JM Financial.
Shares of Clean Max Enviro Energy Solutions experienced a significant surge, climbing 13% over three trading sessions as Macquarie initiated coverage on the stock with an Outperform rating. The brokerage set a target price of Rs 1,700, implying a 24% upside from the current market level. This marks Clean Max's second instance of coverage initiation by a brokerage in two sessions, following JM Financial's recent action.
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