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Brokerages Like Paytm & Zomato After Q3 Results

Global brokerages, including Macquarie, have upgraded the rating of the Paytm stock while raising its target price after the company reported healthy Q3 numbers. In a report, Macquarie said it was “positively surprised by the distribution of financial services revenue by a wide margin” and the fact that the company “has also managed to control overall expenses and charges.”
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