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The Economic Times
The Economic Times
Business
Veer Sharma

Morgan Stanley raises Lenskart target price to Rs 718; bull case implies 41% upside. Here’s why

Shares of Peyush Bansal-led Lenskart Solutions will be in focus on Wednesday after Wall Street major Morgan Stanley raised its target price to Rs 718 from Rs 666, while maintaining its Overweight rating on the stock.

The new target price implies an upside of over 6% from current market levels. The hike comes as Lenskart shares have risen 35% in the last six months and over 5% since the beginning of the year.

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