Paytm shares jump 7% as Jefferies, other brokerages raise target prices and earnings estimates after new UPI charges

Economic Times - Sep 16, 2026

Paytm shares surged over 7% after brokerages raised target prices following the introduction of MDR on select UPI transactions above Rs 2,000. Jefferies, JM Financial and Emkay Global retained Buy ratings on the stock.

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