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Last Updated : Jan 28, 2019 04:31 PM IST | Source: Moneycontrol.com

Hold Yes Bank; target of Rs 245: Sharekhan

Sharekhan recommended hold rating on Yes Bank with a target price of Rs 245 in its research report dated January 24, 2019.

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Sharekhan's research report on Yes Bank


Q3 numbers are a mixed bag, with strong operational performance, stable NIMs but asset quality weakened. Net of one large account, Asset quality performance was better. Capital raising plans and near-term strategy remain key overhangs for the bank.


Outlook


We maintain Hold rating on the stock with revised PT of Rs. 245.


For all recommendations report, click here


Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.



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First Published on Jan 28, 2019 04:31 pm
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