Paytm stock falls 9% on Macquarie downgrade, RBI stance
Macquarie downgrades Paytm stock, cutting its 12-month price target from ₹650 to ₹275, while rating it ‘underperform’
macquarie on paytm
February 2024
Paytm shares hit 20% lower circuit for 2nd day; Jefferies, Macquarie cut target price
Jefferies cut the target price on Paytm by more than half to ₹500 from ₹1,050 per share; Macquarie lowered its target price to ₹650 per share.
