JPMorgan upgrades Paytm to Overweight; lifts Pine Labs target
JPMorgan upgraded One97 Communications (Paytm) to 'Overweight' and raised its price target for Pine Labs after an MDR decision; shares opened up as much as 1% on Friday, Sept. 18.
, the parent company of Paytm, and Pine Labs opened with gains of up to 1% on Friday, September 18, after JPMorgan issued a note on fintech companies. JPMorgan upgraded Paytm to Overweight and also lifted its target on Pine Labs.