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The Economic Times

Sakshi Kumari

Jefferies raises Emmvee Photovoltaic Power target price to Rs 440: Can the stock rally further?

Brokerage firm Jefferies has raised its price target on Emmvee Photovoltaic Power to Rs 440 from Rs 400, while retaining its Buy rating on the stock. The revised target indicates a potential upside of around 31% from the stock's current price of Rs 334.80. The brokerage remains positive on the company, citing its strong position in the solar PV value chain, healthy order book and expansion plans.

Why is Jefferies bullish on Emmvee?

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