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VERIFIEDET Stocks·neutral
PB Fintech shares can rally 91% after 2-day bloodbath, says Bernstein. Here’s why it remains bullish
AI Summary
- ·Bernstein retained its Outperform rating and Rs 2,310 target price for PB Fintech shares.
- ·The brokerage expects lower insurance take rates, revenue, and profit estimates.
- ·IRDAI's draft framework proposes changes to insurance distribution and commission structures.