scorecardresearchJulius Baer downgrades Alkem Labs to ‘hold’ on soft Q2 results; stock down 15% this year

Julius Baer downgrades Alkem Labs to ‘hold’ on soft Q2 results; stock down 15% this year

Updated: 25 Nov 2022, 05:59 PM IST
TL;DR.
Julius Baer (JB) has downgraded Alkem Labs to 'hold' from 'buy' on the back of soft September quarter (Q2FY23) results. It has a target price of 3,400, indicating an upside of 10 percent from the current market price.
Julius Baer (JB) has downgraded Alkem Labs to 'hold' from 'buy' on the back of soft September quarter (Q2FY23) results. It has a target price of  <span class='webrupee'>₹</span>3,400, indicating an upside of 10 percent from the current market price.

Julius Baer (JB) has downgraded Alkem Labs to 'hold' from 'buy' on the back of soft September quarter (Q2FY23) results. It has a target price of 3,400, indicating an upside of 10 percent from the current market price.