Kotak Bank drops 3.8% amid succession, valuation concerns

Out of the 35 brokerages whose ratings and price targets are uploaded on Bloomberg, 15 have retained their price targets, while 19 raised them by 0.5% to 7.5%. The average price target of the 35 analysts at ₹2,162 is over 14% above Monday’s closing price of ₹1,893.85.

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