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Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
Credit Suisse upgrades United Spirits to outperform
Credit Suisse has upgraded United Spirits to 'outperform' fro 'neutral' for target price of Rs 2,800 per share. It says expectations more realistic now and Diageo could potentially raise its stake in USL. Credit Suisse adds that re-launch of Royal Challenge whisky has been a huge success and its margins will gradually move towards mid-teens.