Goldman Sachs Downgrades Avenue Supermart to Sell Rating with ₹3,425 Price Target
Goldman Sachs has issued a sell rating for Avenue Supermart, the parent company of D-Mart retail chain, with a price target of ₹3,425. This downgrade signals concerns about the stock's near-term performance prospects and represents a significant shift in sentiment towards the company. The recommendation from Goldman Sachs may influence investor sentiment and trading activity in the retail sector stock.

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Goldman Sachs has downgraded Avenue Supermart to a sell rating, setting a price target of ₹3,425 for the retail chain operator. The investment bank's bearish stance on the D-Mart parent company signals concerns about the stock's near-term performance prospects.
Analyst Recommendation Details
The following table summarizes Goldman Sachs' latest recommendation:
| Parameter | Details |
|---|---|
| Rating | Sell |
| Price Target | ₹3,425 |
| Analyst | Goldman Sachs |
Market Implications
The sell rating from Goldman Sachs represents a significant shift in sentiment toward Avenue Supermart. Investment banks typically issue sell ratings when they expect a stock to underperform the broader market or decline from current trading levels. This recommendation suggests Goldman Sachs analysts have identified factors that could negatively impact the company's stock performance.
Avenue Supermart, which operates the popular D-Mart retail chain across India, is a closely watched stock in the retail sector. Analyst recommendations from major investment banks like Goldman Sachs often influence investor sentiment and trading activity in the stock.



























