BofA cuts PB Fintech price target by 19%; anticipates strong Q2 for Paytm

T2Covered by 1 source · first reported by Entrackr at 06 Oct, 09:04 UTC

BofA expects PB Fintech and Paytm to post strong Q2 FY27 growth, but regulatory changes could affect the two differently. It cut PB Fintech’s price target by 19% to Rs 1,145, while maintaining a Buy rating on Paytm with a Rs 1,775 target. The brokerage estimates that PB Fintech’s earnings per share…