Bernstein Bullish On Paytm, Hikes Target Price To INR 1,200

Bernstein raises Paytm’s target price to INR 1,200, maintaining its ‘outperform’ rating

The brokerage firm remained bullish on Paytm, describing the stock as a ‘long-term’ buy

Paytm established profitability in the first quarter of FY26, reported a consolidated net profit of INR 122.5 Cr

Brokerage firm Bernstein has raised its target price for Paytm’s parent entity One97 Communications to INR 1,200 from INR 1,100, while maintaining an ‘outperform’…