Bharti Airtel rises after Morgan Stanley upgrade
Bharti Airtel rose 1.2% to ₹2,103.5 after Morgan Stanley upgraded its rating to 'overweight' and raised the price target to ₹2,435. The stock is up 32.5% year-to-date, reflecting strong analyst support.
pre-market1 source ↓written by the desknot a recommendation
- as much
- 1.6%
- following an upgrade
- ₹2,103.5
- target raised
- ₹2,435
- ₹2,035
- stock
- 32.5% YTD
Bharti Airtel gained as much as 1.6% to ₹2,103.5 following an upgrade by Morgan Stanley to 'overweight' from 'equal-weight', with a price target raised to ₹2,435 from ₹2,035. The firm expects mid-single-digit growth in average revenue per user post-2026, driven by strong EBITDA growth.
The stock is up 32.5% YTD, with a median price target of ₹2,320 from 30 analysts, indicating positive sentiment in the telecom sector.
Not investment advice. For informational purposes only.