Nomura Retains Neutral on Hero MotoCorp, Cuts Target to Rs 5,803
Nomura reaffirmed its Neutral rating and lowered its target price, citing motorcycle-industry growth and rural-demand risks despite strong scooter and EV sales growth.
Nomura reaffirmed its Neutral rating and lowered its target price, citing motorcycle-industry growth and rural-demand risks despite strong scooter and EV sales growth.