Axis Bank gets upgrade to buy from Goldman

Goldman Sachs has upgraded Axis Bank to buy from neutral and raised the target price to ₹920 from ₹792 as it believes that the current valuations are quite compelling. The financial services firm prefers banking in terms of portfolio positioning within the financials space as it sees lenders as early beneficiaries of the macro recovery.

from Economic Times https://ift.tt/3IXwdTs