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Avendus on SBI: Upgrades to Buy from Add| Target raised to Rs 938 from Rs 852| LTP Rs 804| Upside 16%

Avendus has upgraded State Bank of India (SBI) to a ‘Buy’ from ‘Add’ and raised the target price to Rs 938 from Rs 852, indicating a 16% upside from the last traded price of Rs 804.

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