Brokerages raise price targets of ITC

Emkay Global also maintained a buy rating with a target price of ₹270. Kotak Institutional Equities, while retaining a buy and raising the target price to ₹282 from ₹275, said ITC offers a combination of decent growth, dividend yield and inexpensive valuation. Antique Stock Broking and Axis Capital have also maintained buy and Credit Suisse have retained an outperform rating.

via Economictimes