UBS downgrades BHEL shares to Neutral from Buy. Check target, key reasons
- Posted on June 4, 2026
- By Business News Today
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- 1 min read
UBS downgrades BHEL shares to Neutral from Buy. Check target, key reasons
UBS has downgraded BHEL to "Neutral" from "Buy", citing a more balanced risk-reward outlook after the stock's strong run, though it raised the target price to Rs 460 from Rs 375, implying about 14% upside. The brokerage believes much of BHEL's order book growth is already reflected in the stock price.
