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Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
Goldman Sachs downgrades Bank of Baroda to sell
Goldman Sachs has downgraded Bank of Baroda to sell from neutral for target price of Rs 129 per share. Goldman says market is giving BOB a valuation premium as new management has cleaned up asset quality. The brokerage does not expect profitability to pick up materially.