MUMBAI, May 19 (Reuters) - Bank of America Merrill Lynch on Thursday said it has cut the price target for motorcycle maker Bajaj Auto to 1,340 rupees from 1,480 rupees on expectations of margin ...
MUMBAI (Reuters) - Bank of America Merrill Lynch downgraded automakers Mahindra and Mahindra Ltd and Bajaj Auto Ltd to "underperform" from "buy" each, citing share gains since mid-2012 and valuations ...
NEW YORK (MarketWatch) -- Shares of United Auto Group slid almost 6% to $30.63 after Merrill Lynch lowered its rating on the company to neutral from buy due to valuation concerns. The stock reached a ...
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