L&T shares decline after analysts cuts price target on Iran war impacting near-term prospects
Shares of Larsen and Toubro (L&T) Ltd. declined on Tuesday, April 7, as brokerage firm JM Financial cut its price target by 6%. JM Financial has maintained its “buy” rating on L&T but has cut its price target to ₹4,380 per share from ₹4,655 apiece. This still implies 17.5% upside potential from its previous close….
