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Eicher Motors: Jefferies sees 22% upside potential; retains Buy with target at Rs 4150Eicher Motors: Jefferies sees 22% upside potential; retains Buy with target at Rs 4150

Jefferies has retained a ‘Buy’ rating for Eicher Motors with a revised price target of Rs 4,150. This revised target sees a 22% upside target. The share price of Eicher Motors soared nearly 4% intra-day following this upside revision. “We believe time is ripe to buy EIM given alleviating competitive concerns, along with tailwinds of […]