Monday, 10 August

Monday, 10 August2026

Paytm Stock Soars 5% as Bernstein Issues First Target Price Above IPO Level

By TechShots Studio
Paytm Stock Soars 5% as Bernstein Issues First Target Price Above IPO Level
Paytm (One97 Communications) shares jumped 5% after brokerage firm Bernstein raised its price target above the company's ₹2,150 IPO price for the first time. Citing strong operational recovery, expanding loan distribution capabilities, and stabilizing regulatory overhead, Bernstein upgraded its stance to 'Outperform', fueling renewed investor confidence in the fintech giant’s long-term growth prospects.

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