United Spirits.Rating

United Spirits.Rating 

JPMORGAN ON UNITED SPIRITS : 24.05.2021

* MAINTAIN NEUTRAL TARGET: 650
* JPMorgan maintains NEUTRAL call on United Spirits.Goldman Sachs has a BUY rating on the stock, with a target of Rs 676/sh. The brokerage feels P&A revenues & lower costs led the beat in Q4 results
* Margin Beat Led By Cut In A&P Spends
* Near-term Remains Uncertain In Wake Of The Second COVID Wave