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Bloomberg Quint

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Image Credit: Bloomberg Quint

IndiGo Share Price Hits Record High After Getting Its Most Bullish Target Price As Yet

  • Shares of IndiGo rose after receiving a bullish target price from Motilal Oswal Financial Services.
  • Motilal Oswal has upgraded IndiGo to a 'buy' rating and set a target price of Rs 6,550.
  • The upgrade is based on the revised Brent crude assumption of $65 per barrel for fiscal 2027, easing of oil prices, and the airline's growth potential.
  • IndiGo is also focusing on codeshare deals and technology innovations to improve operations and customer experience.

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