Analysts Adjust Outlook: PNB target lowered, caution on Dabur, optimism for MGL by top firms.

Analysts in India have recently revised their outlook on various companies, impacting their target prices. Investec, for instance, has lowered the target for Punjab National Bank citing weak margins. On the other hand, Morgan Stanley has expressed caution regarding Dabur, attributing it to margin erosion and sluggish domestic revenue. In contrast, Citi has shown optimism towards MGL, as evidenced by an increase in its target price. These adjustments reflect the dynamic nature of the stock market and the need for investors to stay informed about the latest developments. Keep an eye on these companies as they navigate through the ever-changing business landscape in India.

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