Why should potential investors in Supreme Industries stay on the sidelines? JPMorgan explains
Shares of Supreme Industries are down over 6% on Monday, June 29, after brokerage firm JPMorgan downgraded the stock to “neutral” from its earlier rating of “overweight” and also recommended investors to remain on the sidelines. JPMorgan has also cut its price target on Supreme Industries to ₹3,450 from ₹4,050 earlier. The revised price target…
