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IndiGo Remains On UBS Buy List Post Q3 Results; Goldman Sachs Lowers Price Target Amid Forex Jitters

IndiGo, whose December quarter results were marred by foreign exchange losses, remained on the buy list of UBS and Goldman Sachs, even as the two brokerages differed on the price target for the airline’s stock.

UBS has raised the 12-month price target for IndiGo’s shares to Rs 5,400 from Rs…

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