Shares of Ola Electric Mobility surged 6% to a dayβs high of Rs 114.30 on BSE today after global brokerage firms Goldman Sachs and Bank of America (BofA) initiated coverage on the stock with target prices of Rs 160 and Rs 145, respectively. Goldman Sachs’ target price signals an upside potential of 48% from the…
READ MOREWall Street banks are ramping up expectations for an aggressive Federal Reserve easing cycle based on the latest evidence that the labour market is cooling. Economists at Bank of America, Citigroup, Goldman Sachs and JPMorgan Chase revamped their forecasts for US monetary policy Friday after data showed the US unemployment rate rose again in July,…
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