Target price increase of 51% for Adani Enterprises stock
After US-based financial services firm Cantor Fitzgerald became the first broker to initiate coverage on the Adani group firm with a 51% upside target, saying that the Gautam Adani firm is central to India’s economic ambitions, shares of Adani Enterprises Ltd (AEL) climbed nearly 6% in Monday’s trade. Cantor Fitzgerald has said it is ‘overweight’…