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Take off: Credit Suisse raises Indigo price target by 40%

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Take off: Credit Suisse raises Indigo price target by 40%

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According to Credit Suisse’s report on Interglobe Aviation (IndiGo), the risk reward is much better now on the back of economy and traffic picking up. Lower crude prices will also support IndiGo. The brokerage house has raised the target price on IndiGo to Rs 2,100 from Rs 1,500 earlier.

According to Credit Suisse’s report on Interglobe Aviation (IndiGo), the risk reward is much better now on the back of economy and traffic picking up. Lower crude prices will also support IndiGo. The brokerage house has raised the target price on IndiGo to Rs 2,100 from Rs 1,500 earlier.
CNBC-TV18’s Nimesh Shah has more details.
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