Nomura upgrades Tata Motors to 'Buy', sees 26% upside; check new target

Nomura has upgraded Tata Motors' stock rating to "Buy," forecasting a 26% upside potential based on its improved market performance and growth prospects. The upgrade follows a positive analysis of Tata Motors' financial health and strategic initiatives, which are expected to bolster profitability. Nomura's revised target price reflects anticipated advancements in the automotive sector and Tata Motors' competitive positioning within it. This recommendation highlights the company's strong fundamentals and expected market recovery, making it an attractive investment opportunity.