Brokerages remain upbeat on SBI despite lackluster Q3 earnings!
Mon, Feb 5, 2024 1:20 PM

Brokerages remain upbeat on SBI despite lackluster Q3 earnings!

A Flip by Avya Verma
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After State Bank of India (SBI) reported lower Q3 earnings due to high wage costs, top brokerages maintain a positive outlook on SBI shares. Foreign brokers Jefferies and Nomura retain their buy ratings with price targets of Rs 810 and Rs 755 respectively, while domestic brokerages Kotak Institutional Equities and Nuvama suggest buying at a target price of Rs 760 and Rs 745 respectively.

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