scorecardresearchWhy JPMorgan sees a 60% upside in Paytm despite a target price cut

Why JPMorgan sees a 60% upside in Paytm despite a target price cut

Updated: 08 Jun 2022, 03:30 PM IST
TL;DR.
The brokerage cut the target price of Paytm to 1,000, down from the earlier target of 1,200. Despite the latest reduction, the new target price indicates an upside of 60 percent in the stock.
The brokerage cut the target price of Paytm to  <span class='webrupee'>₹</span>1,000, down from the earlier target of  <span class='webrupee'>₹</span>1,200. Despite the latest reduction, the new target price indicates an upside of 60 percent in the stock.

The brokerage cut the target price of Paytm to 1,000, down from the earlier target of 1,200. Despite the latest reduction, the new target price indicates an upside of 60 percent in the stock.