19 Nov 2025 | 3 Mins Read
JPMorgan upgrades Hero MotoCorp citing 18% potential upside
Flipitmoney
JPMorgan upgraded Hero MotoCorp's stock to 'Overweight' with a price target of ₹6,850, suggesting an 18% upside. The upgrade is driven by stabilised market share, improved demand due to GST cuts and new launches, and Hero's growing position in the electric two-wheeler market. Net profit rose 16% in the second quarter.