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via thehindubusinessline.comMarkets

Morgan Stanley turns bullish on Paytm, raises target 35% to Rs 1,950

FROM THE WIRE · THEHINDUBUSINESSLINE.COM

Morgan Stanley upgrades Paytm to overweight, raises target 35% to ₹1,950 on stronger earnings outlook and UPI-driven growth.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishA major broker upgrade on an Indian stock can lift its price, though the stock is of mid relevance.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Morgan Stanley upgraded Paytm to overweight.
  2. 02The price target rises 35% to Rs 1,950.
  3. 03The revision reflects a stronger earnings outlook and UPI-driven growth.

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