Macquarie cuts Paytm target on ‘serious risk of exodus of customers’

Share this post

Macquarie dramatically cut its 12-month price target on One97 Communications, the parent company of digital payments firm Paytm, citing risks of customers leaving the platform in the wake of heightened regulatory scrutiny. Macquarie, which famously predicted the slump at Paytm before the listing, lowered its target to 275 rupees (down 57.7% from its previous target of […]

READ ALSO  Gen Z is bringing the 'office siren' aesthetic to corporate settings, but some say the trend isn't practical for work

© 2024 TechCrunch. All rights reserved. For personal use only.

Go to Source

Leave Your Comment

Newsbreakforum