Macquarie and Goldman Sachs cut their target prices and earnings estimates for Nestle India, warning that inflation could weigh on demand and margins as growth moderates. Morgan Stanley retained Equal-weight after a quarterly earnings beat.
Macquarie and Goldman Sachs cut their target prices and earnings estimates for Nestle India, warning that inflation could weigh on demand and margins as growth moderates. Morgan Stanley retained Equal-weight after a quarterly earnings beat.
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