tata steel (JPMorgan) Investment Case Remains Strong; Would Be Buyers in Current Weakness

Recent announcement in the UK highlights continued focus to lift profitability; Investment case remains strong, India operations set to see step up in earnings in ~3 quarters; Remain OW, Risk remains collapse in iron ore prices
Date Rating Target Price Recommendation Price Broker house
23 May 2011 overweight 785 (from 820) 579 JPMorgan Report

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