Nestle India500790Consumer packaged goods
Macquarie cut target price on Nestle citing stretched valuations and rising inflation as a negative
By ScoutQuest · · 1 min read
- Revised target price
- 1,570 rupees
Heard on business television between 08:27:36 - 08:30:36 IST.
- Macquarie cut target price on Nestle to 1,570 rupees.
- Cited valuations that already capture everything positive.
- Said rising inflation would be a negative for the company.
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Source: Live TV News Channel · 16 Oct 2026
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