11 Mar 2026 | 3 Mins Read
UBS cuts L&T share price target due to West Asia exposure
Flipitmoney
UBS cuts Larsen and Toubro's target price by 8%, setting a new target of ₹4,150 per share. The brokerage maintains a "neutral" rating due to concerns about domestic execution and non-energy infrastructure, lowering CAGR projections for core orders, revenue, and EBITDA to 11%, 13%, and 16.6% respectively.