MakeMyTrip price target raised to $47 from $45 at Citi

Citi analyst Vijit Jain raised the firm’s price target on MakeMyTrip to $47 from $45 and keeps a Buy rating on the shares following the fiscal Q2 report. Travel sentiment remains resilient, with both the company’s domestic and international segments showing decent momentum despite elevated ticket prices, the analyst tells investors in a research note.