Systematix Raises Union Bank of India Target to Rs. 215, Maintains Buy Rating
Systematix raised its target price after Union Bank of India reported results above the brokerage's estimates.
New Delhi, Oct. 20 -- Domestic brokerage firm Systematix Institutional Equities has raised its target price on Union Bank of India to Rs.215 per share while maintaining its 'buy' rating on the stock, after the state-owned bank reported results that exceeded brokerage estimates."We value the standal…