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HSBC Upgrades Dr. Reddy’s Laboratories Limited (RDY) to Buy from Hold
On June 5, HSBC upgraded Dr. Reddy’s Laboratories Limited (NYSE:RDY) from Buy to Hold, raising the price target to INR1,445 from INR1,235, citing an optimistic outlook for the company in terms of earnings potential and solid market standing. HSBC’s updated estimates for FY2026 to FY2028 take into account the shifting market tide for semaglutide and […]