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HUL shares at PE of 59x worth a look? Analysts say stock trades at expensive valuations, cut target prices

HUL target price: There appears to be a risk that FY25E EPS growth could also be muted, said Nirmal Bang. It cut the HUL target to Rs 2,670 from Rs 2,700 earlier, as it rolled forward its estimates to value HUL at 50x December 25 EPS.

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