Market Why BofAML upgraded Bharti Airtel despite intense competition, consolidation in telecom sector Updated : July 30, 2019 12:24 PM IST Bank of America Merrill Lynch (BofAML) upgraded Bharti Airtel's rating to 'buy' from 'neutral'. It also raised the stock's target price to Rs 400 per share from Rs 360 earlier. Bharti Airtel rose nearly 4 percent in intra-day deals on Tuesday post the upgrade. 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.