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Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
Barclays Maintains Overweight on Tata Motors
Barclays has maintained its 'overweight' stance on Tata Motors for target of Rs 560 per share. Barclays says that current valuations appear extremely bearish amid recent correction on concerns over JLR's China earnings. Barclays adds that at current price stock implies China profits going to zero and eventual outcome in China remains difficult to predict.