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Analysts’picks: Dabur India

Posted on: May 9th 2009 in Brokerage Recommendations.

Macquarie has downgraded its rating on Dabur India to ‘neutral’ from ‘outperform’, citing expensive valuations and a lack of near-term triggers. The brokerage has retained its price target of Rs 100 for the stock.CMP: Rs 110.85 Target price: Rs 100 “The share price has rallied…

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