Market Global brokerages downgrade Zee, cut TP post Q4 numbers, say stake sale key Updated : May 28, 2019 01:01 PM IST Citi Group and Credit Suisse downgraded Zee to neutral and cut its target price. As per the latest development, sources have told CNBC-TV18 that Sony Corp has revived talks with Essel Group to buy a majority stake in the company. Zee, on Monday, reported a 26.8 percent increase in its net profit at Rs 292.5 crore as against Rs 230.6 crore in the same period last year. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.