Pending — not yet graded
“Initiated a Sell rating on Bank of Baroda with a target price of ₹245. The firm expects gradual credit-cost normalisation and structurally lower core Pre-Provision Operating Profit (PPoP) margins to weigh on Return on Assets (RoA) progression for state-owned banks like Bank of Baroda.”
Goldman Sachs Analysis’s track record: 3 graded calls · 95% CI 21–94%
Bank of BarodaBearishCalled 22 Aug 2026
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