Jefferies Upgrades Paytm to ‘Buy’; Stock Up 3.5% After Q1 Results

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SUMMARY

Jefferies raised its target price for Paytm to INR 1,250 per share from INR 900 before, an upside of 19% from the previous closing price

Jefferies projected that Paytm’s EBITDA margin could improve from –22% in FY25 to +9% in FY27 and 14% in FY28

Jefferies is also expecting 24% net revenue CAGR growth in Paytm over FY25-28E, driven by a 32% growth in financial services and 24% growth in payment services

Brokerage firm Jefferies has upgraded its rating on Paytm from ‘hold’ to ‘buy’, raising its target…



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Jefferies Upgrades Paytm to ‘Buy’; Stock Up 3.5% After Q1 Results


SUMMARY

Jefferies raised its target price for Paytm to INR 1,250 per share from INR 900 before, an upside of 19% from the previous closing price

Jefferies projected that Paytm’s EBITDA margin could improve from –22% in FY25 to +9% in FY27 and 14% in FY28

Jefferies is also expecting 24% net revenue CAGR growth in Paytm over FY25-28E, driven by a 32% growth in financial services and 24% growth in payment services

Brokerage firm Jefferies has upgraded its rating on Paytm from ‘hold’ to ‘buy’, raising its target…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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