What Major Changes In Target Prices Have Been Seen For New Age Tech Companies? | ET Now
0New age tech companies reported a mixed set of numbers for the December quarter, where fintech like PB Fintech and Paytm reported stronger than estimates numbers and saw brokerage upgrades as the rise in target prices. It was the opposite in the case of retail-facing fintech such as Zomato, Nykaa, and logistics tech company Delhivery where target prices were reduced. The biggest upgrade was recorded by Paytm with Macquarie almost doubling its target to Rs 800 per share, while the steepest fall in target price was recorded by Nykaa with a fall of more than 50 percent. Joining to decode Q3 earnings and the change in Target Prices is Sharad Dubey.
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