MakeMyTrip price target raised to $45 from $43 at Citi

Citi raised the firm’s price target on MakeMyTrip to $45 from $43 and keeps a Buy rating on the shares. The company reported another quarter of solid results and its margins have further upside, the analyst tells investors in a research note. The firm says travel sentiment “remains resilient,” with both domestic/international segments showing decent momentum despite elevated ticket prices.