Jubilant FoodWorks share price in focus as Citi cuts target, retains ‘Buy’; Over 50% downside risk – Check latest target – Markets
Shares of Jubilant FoodWorks are likely to remain in focus after global brokerage Citi trimmed its target price sharply while maintaining a ‘Buy’ rating, citing moderation in growth and softer store-level performance. The revised target of Rs 650 from Rs 800 implies a steep downside of over 50 per cent, even as the firm continues…
