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Here’s How Analysts Revised Their Stock Targets In April 2021

The Nifty snapped its 2 month gaining streak at the end of April 2021 while Nifty Bank extended its losing streak to 2 months in a row. The target price has been upgraded for 69 percent out of the 279 stocks tracked by at least 10 analysts during the month gone by, Bloomberg data showed while 27 percent have been downgraded. The target price has been left unchanged for 4 percent stocks during the same time period. Sector wise, IT has been upgraded the most while Pharma has been downgraded the most. Here’s Jayesh Khilnani analysing how analysts revised their stock targets during April 2021.