16 Oct 2025 | 3 Mins Read
BofA downgrades Tata Motors passenger vehicle shares due to JLR concerns
Flipitmoney
BofA Securities downgraded Tata Motors Passenger Vehicles Ltd to "underperform" with a ₹375 price target, implying a 4% potential downside. The downgrade is due to Jaguar Land Rover's tough business fundamentals, cyber issues, US tariffs, and a slowdown in EU and China, which may lead to guidance cuts and debt buildup.