Mumbai, India – Investment banking firm Jefferies has initiated coverage on Paytm, one of India’s leading fintech companies, with a ‘Buy’ rating. The analysis focuses on Paytm’s increased credit business and its growing ecosystem monetization. Jefferies has set a target price of Rs 1300 for Paytm, reflecting a 37 percent upside from its current stock...
Jefferies Initiates Coverage on Paytm with ‘Buy’ Rating, Predicts Strong Growth and Profitability
