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- Motilal Oswal upgraded its rating for IDFC First Bank to buy from neutral.
- The firm set a target price of Rs 105 per share for the bank.
- This assessment is based on 1.6x FY28E ABV.
- Market investors often respond to such brokerage upgrades by adjusting their positions in the stock.
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Named India · IDFC FIRST Bank · Motilal Oswal
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