Jefferies cuts target prices for BSE, Turtlemint & other stocks ahead of Q2 results. Check list
BSE moved lower in a quarterly results development.
· ET Stocks, Economic Times Markets
Jefferies has cut target prices for BSE, Turtlemint and several other non-lending financial stocks ahead of Q2 earnings, while retaining Buy ratings on most stocks in its coverage.
The analysis
Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
Why it matters
- With BSE involved, this carries a regulatory dimension that can outlast the immediate market reaction.
Market context
- Sector exposure: Financial Services.
- The immediate tone of coverage reads negative.
In this story
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