Suzlon Energy stock downgraded to ‘accumulate’ by Geojit; but target price raised to ₹77 from ₹71
Domestic brokerage house Geojit Financial Services has revised its outlook on Suzlon Energy, downgrading the stock from a ‘Buy’ to an ‘Accumulate’ rating. Despite the revised stance, the brokerage firm has increased its target price to ₹77 from the earlier ₹71, indicating a potential upside of 17 percent from previous close of ₹65.67. The adjustment…