ICICI Securities has maintained its BUY rating on Suzlon Energy but cut its 12-month target price to Rs 55 from Rs 65, implying about 49% upside from the current market price of Rs 37.
ICICI Securities has maintained a Buy rating on Suzlon Energy, retaining an unchanged target price of Rs 65, implying 35% upside from the current market price of Rs 48.
Deven Choksey Research has reiterated a BUY rating on Suzlon Energy Ltd ahead of its Q1FY27 results, setting a revised target price of Rs 65 — a 22% upside from the current market price of Rs 53.
Suzlon Energy is entering a new phase of growth as it transforms itself from a traditional wind turbine manufacturer into a comprehensive renewable energy solutions provider.
Suzlon Energy share price jumped 5.8 percent while the overall markets remained range-bound. Suzlon Energy could see further strength but the stock also faces strong resistance in Rs 60-65 range.
