IndiGo Shares Rise 2% After Q2 Results; Brokers See Up to 30% Upside
InterGlobe Aviation shares climbed nearly 2% in early trade after its fiscal second-quarter results. Jefferies, Nomura and HSBC retained buy ratings, citing strong pricing.
Shares of InterGlobe Aviation, the parent company of IndiGo, climbed nearly 2 percent in early trade on Friday after the airline reported its fiscal second quarter earnings, with Jefferies, Nomura and HSBC retaining their 'buy' ratings on the stock. The brokerages highlighted IndiGo's strong pricin…