MakeMyTrip Limited (MMYT) Tops Q2 EPS by 19c

Go back to MakeMyTrip Limited (MMYT) Tops Q2 EPS by 19c

MakeMyTrip (MMYT) PT Raised to $119 at BofA Securities

October 24, 2024 5:45 AM EDT

BofA Securities analyst Sachin Salgaonkar raised the price target on MakeMyTrip (NASDAQ: MMYT) to $119.00 (from $112.00) while maintaining a Buy rating.

The analyst comments "In a seasonally slower quarter, MMYT delivered a healthy 22% yoy top-line growth, coming 3% ahead of expectations. EBITDA/EBIT came... More

Goldman Sachs Reiterates Buy Rating on MakeMyTrip (MMYT)

October 23, 2024 11:41 AM EDT

Goldman Sachs analyst Manish Adukia reiterated a Buy rating and $112.00 price target on MakeMyTrip (NASDAQ: MMYT).

The analyst comments "MMYT reported another strong quarter, with revenue growth of 23% YoY in 2QFY25, marginally better than our estimate, and flat qoq margins despite adverse seasonality. MMYT's 2Q print indicates limited signs of slowdown... More