CLSA downgraded ICICI Prudential from ‘buy’ to ‘underperform’, citing limited upside potential. It rolled forward the valuation and raised the target price from Rs 630 to Rs 650 apiece, implying a potential upside of 9.46% from the previous close.Citi Research downgraded ICICI Prudential to ‘neutral’ from ‘buy’, with a reduced target price of Rs 645 apiece from Rs 715 earlier. It highlighted concerns regarding sustained payout pressure, unfavourable product mix and elevated distributor…
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ICICI Prudential Life Insurance — Analyst Views, Key Levels
