Citi bullish on Paytm's fintech growth potential
pre-market1 source ↓written by the desknot a recommendation
- target price
- ₹1,380
Citigroup has expressed optimism about Paytm, citing strong momentum in its payments, merchant business, and lending sectors. The brokerage maintained a Buy rating with a target price of ₹1,380, indicating significant upside potential. Paytm is benefiting from structural growth drivers in India's digital payments ecosystem, enhancing profitability and market position.
Not investment advice. For informational purposes only.