Market Zee Entertainment shares plunge over 9% as brokerages revise price target Updated : December 18, 2018 03:55 PM IST Kotak Institutional Equities downgraded Zee to "reduce" and revised price target to Rs 430 from Rs 600. Bank of America Merril Lynch (BofAML) has also cut the rating to "underperform", with a revised price target of Rs 375. 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.