Tata Motors downgraded by Jefferies with its lowest price target after Q3 results
Brokerage firm Jefferies has downgraded shares of Tata Motors Ltd. to “underperform” from its earlier rating of “buy” and has sharply cut its price target to ₹660 from ₹930 earlier. Company Value Change %Change The revised price target implies a further 13% downside from Wednesday’s closing levels for Tata Motors shares, which have already corrected…