JPMorgan says Hero MotoCorp shares could rise up to 28.5%
JPMorgan reiterated an “overweight” rating on Hero MotoCorp and said the stock could be re-rated up to 28.5% based on conditions.
5% from current levels, according to a note released on Friday, September 18. The brokerage kept an "overweight" rating on the stock and set a target price of ₹6,845. The note said the case for a re-rating depends on a couple of conditions.