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Morgan Stanley bearish on this private lender, expects 28% downside
December 10, 2019 | By Moneycontrol.com
business
The brokerage has an underweight rating on the stock with a target price of Rs 240 per share, implying 28.4% potential downside from current levels.
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Shares of RBL Bank fell 2.8 percent intraday on December 10 as global brokerage house Morgan Stanley remained bearish on the stock citing asset quality concerns. The brokerage has an underweight rating on the stock with a target price of Rs 240 per share, im
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