Vedanta Share Price: Global brokerages rise up to 115% in Tata Steel, Vedanta, Gland Pharma

[ad_1] New Delhi: Despite strong volatility in sectors such as metals, mining and pharma, global brokerage firms are bullish on select stocks in these pockets. Global brokerage City remains bullish on Citi , Maintaining rating of purchases over the counter. However, it has reduced its target price from Rs 1,800 to Rs 1,085, indicating a growth of 25 per cent in the counter from its previous close. The brokerage believes that weakness in China’s export prices will hurt the company, leading to a 32-34 per cent cut in EBITDA on…