22 Sep 2025 | 3 Mins Read
Jefferies sets new high price target for Paytm after recent gains
Flipitmoney
Jefferies upgraded One 97 Communications Ltd to a "buy" rating, increasing its price target to ₹1,420 per share, implying a 21% upside from ₹1,173 per share. EBITDA estimates were raised 9-14% due to lower operating expenditure. Paytm reported its first net profit since listing, with a ₹122.5 crore profit in the June quarter.