CLSA has affirmed its ‘buy’ rating on Zee Entertainment, setting a target price of Rs 300 per share. Meanwhile, Jefferies has downgraded its rating on Presitge Estates to ‘hold’, with a target price of Rs 620 per share.
Zee Entertainment has received a positive outlook from CLSA, which believes the stock is worth buying. The target price of Rs 300 per share suggests potential upside in the near future. However, further details regarding the reasoning behind CLSA’s rating were not provided.
On the other hand, Jefferies has revised its rating on Presitge Estates to ‘hold’ with a target price of Rs 620 per share. This implies a more cautious stance, suggesting that the stock may not outperform in the short term. No specific reasons for the downgrade were mentioned.
Investors and market participants should consider these ratings as mere suggestions and conduct their own analysis before making any investment decisions.
It is important to note that these ratings are subject to change based on the latest market trends, company performance, and other influential factors. Therefore, continuous monitoring of the stock and the market is advised.
It should be emphasized that the information provided in this article does not contain any additional details such as sources, author information, or contact details. The purpose of this rewrite is to present an accurate summary of the original article while omitting non-essential information.