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Read more: Indian equities could hit new highs next year: Aditya Birla MF
The stock closed at ₹1,072 even as most brokerages retained their positive stance on the lender following the results. Several firms, including Citi, HSBC, CLSA and JP Morgan, raised their target prices, while maintaining bullish recommendations.
Agenciesconsensus price implies 17% upside, but stock falls
The consensus 12-month target price stands at ₹1,255.14, implying an upside of about 17.1% from Monday’s closing price of ₹1,072.
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https://economictimes.indiatimes.com/markets/stocks/news/brokerages-raise-sbi-target-price-after-q1-earnings-beat/articleshow/133139843.cms
