CLSA cuts HAL share price target but still sees 40% upside
Shares of Hindustan Aeronautics Ltd. (HAL) are trading lower on Thursday, April 2, after brokerage firm CLSA reiterated its ‘Outperform’ rating on the stock, while trimming its price target to ₹5,175 from ₹5,436 earlier. Still, the revised target implies a potential upside of over 40% from current levels. CLSA said that HAL’s strong order backlog…
