US EditionTitan Upgraded To ‘Buy’ By UBS; Target Price Raised, Stock Seen Poised For Rebound
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Shares of Titan Company Limited, the flagship company of the Tata Group, may soon see a significant rise. Global brokerage firm UBS has changed its rating on Titan shares to 'Buy' from 'Neutral'. The brokerage describes the stock as a "structural winner" in the consumer discretionary sector. UBS has raised its target price on Titan shares by about 21% to ₹3,600 from ₹4,700, which indicates a potential rise of about 26% from Monday's closing pric…
Titan Upgraded To ‘Buy’ By UBS; Target Price Raised, Stock Seen Poised For Rebound
UBS has upgraded Titan Company Ltd. From Neutral to “Buy” with target price hiked to Rs 4,700 from earlier Rs 3,600. UBS describes Titan as a structural winner in the jewellery industry. The brokerage believes Titan is on the cusp of a major rebound, supported by its resilient performance despite gold price volatility.
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