Brokerages raise SBI target price after Q1 earnings beat

State Bank of India shares faced a 2.2 percent decline on Monday, despite surpassing analysts' expectations for their June-quarter earnings. Most brokerages expressed continued optimism for the lender, with several firms increasing their target prices while maintaining a positive outlook. The consensus 12-month target price indicates a considerable potential upside from Monday's closing figures.

from Economic Times https://ift.tt/l1uENs8