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Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
Macquarie Upgrades SBI to Neutral
Macqauire has upgraded State Bank of India to 'neutral' for target of Rs 245 per share. Macqauire says that valuations of SBI are reasonable for upgrade and at current valuations downside risk appears limited. Macquarie adds that managing quality remains top priority for the bank and SME and agriculture loan revamp is underway.