Motilal Oswal shares jump 5% after UBS initiates coverage with 'Buy', sets Rs 1,150 target
- Posted on June 12, 2026
- By Business News Today
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Motilal Oswal shares jump 5% after UBS initiates coverage with 'Buy', sets Rs 1,150 target
Shares of Motilal Oswal Financial Services rose sharply on Friday after UBS initiated coverage with a 'Buy' rating and Rs 1,150 target price. The brokerage cited strong AUM growth prospects, recurring revenue expansion, and benefits from India's long-term financialisation trend.