IndiGo operator InterGlobe Aviation shares rise 1.5%, Goldman Sachs and Kotak slash target prices

Shares of InterGlobe Aviation, the operator of airline IndiGo, gained as much as 1.5% on Monday to Rs 4,224.8 on the BSE despite a sharp decline in its third quarter profit. Brokerages like Goldman Sachs and Kotak maintained a bullish outlook on IndiGo but reduced their target prices, reflecting…