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Stock Market & Financial Investment News

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March 19, 2014
06:42 EDTMMYTMakeMyTrip upgraded to Outperform from Perform at Oppenheimer
Oppenheimer upgraded MakeMyTrip to Outperform with a $28 price target citing the recent pullback in shares and upcoming positive catalysts. Opco sees positive catalysts from the acceleration of eCommerce adoption in India, rise in smartphone penetration levels and momentum in higher-margin hotels.
News For MMYT From The Last 14 Days
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April 14, 2015
09:43 EDTMMYTMakeMyTrip initiated with a Buy at UBS
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April 8, 2015
09:15 EDTMMYTMakeMyTrip should be bought ahead of results, says Oppenheimer
Oppenheimer believes that India's impressive domestic air passenger volume growth, its growing Internet adoption, low oil prices, and MakeMyTrip's increased hotel inventory provide positive catalysts for the company. The firm keeps a $34 price target and Outperform rating on the shares.

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