MakeMyTrip Target Raised to $130 Amid Steady Growt…
From Financial Modeling Prep: 2024-12-27 12:43:00
BofA Securities analysts raised MakeMyTrip’s price target to $130, citing strong business momentum and recovery in the travel market. Earnings forecasts adjusted with 2026-27 EPS estimates up by 1.5-1.7%, but 2025 EPS projections down by 2.2% due to currency impacts. The company is well-positioned for growth with low competition, margin expansion, and a $150 million share buyback.
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