InvestorQ : Why has Goldman Sachs upgraded Kotak Bank?
Aashna Tripathi made post

Why has Goldman Sachs upgraded Kotak Bank?

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Aditi Sharma answered.
1 month ago
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Goldman Sachs expects Kotak Bank market capitalization to cross $100 billion by FY27. It has given a buy on Kotak Bank at a price of Rs1,707 with a target price of Rs2,135. HDFC Bank is the only financial services outfit to briefly cross $100 billion market cap mark. Risk appetite and asset sweating could drive Kotak Bank valuations.

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