May 25, 2023, 05:09 PM IST

Nykaa shares: Should you buy, sell or hold?

Shivani Tiwari

Nykaa shares: Should you buy, sell or hold? Check out the new target price by brokerages.

Shivani Tiwari

Cosmetics-to-fashion retailer Nykaa's parent company, FSN E-commerce on Wednesday reported a net profit of Rs 2.4 crore in Q4 — a fall of 71.8 per cent compared with the corresponding period a year ago.

Check out the new target price by brokerages.

Morgan Stanley

Maintains overweight, Target Rs 188

JP Morgan

Maintains underweight, Target Rs 106

Citi

Maintains buy, Target cut to Rs 160 from Rs 200

Goldman Sachs

Maintains neutral, Target cut to Rs 175 from Rs 200

Nomura

Maintains buy, Target cut to Rs 183 from Rs 214

Macquarie

Maintains underperform, Target Rs 115

Disclaimer: The stock recommendations given here are by brokerage(s). These are not the views of Zee Business. Consult a professional advisor before making an investment decision.

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