Lupin share falls 2%; Citi downgrades to Sell, cuts target price to Rs 2,050
- Posted on August 27, 2026
- By Business News Today
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- 1 min read
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Lupin share falls 2%; Citi downgrades to Sell, cuts target price to Rs 2,050
Lupin shares fell after Citi downgraded the stock to ‘Sell and cut its target price to Rs 2,050. The brokerage expects weaker US base-business sales, margin pressure and limited benefits from new products. Citi also reduced FY27 EPS estimates by 14%. Lupins technical indicators remain bearish despite its oversold RSI reading.
