More Than 50% Of Stocks See Analyst Downgrade In June | ET Now | Business News

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As per an analysis by ET Now, more than half of stocks that are tracked by at least 10 analysts have seen a 55 percent downgrade in their target prices for the month of June. Only 28 percent of stocks saw an upgrade in the target prices, while there were no changes for the remaining 17 percent of stocks.

Only two sectors have seen an upgrade-energy and real estate. The remaining sectors have seen downgrades. Amongst the stocks with the highest upgrades-Nazara Tech and Fine Organic Industries saw the target price increase between 7-9 percent followed by Motherson Sumi, Aarti Industries and Ashoka Buildcon which was between 4-5 percent.
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