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flag Brokerages maintain positive ratings on Paytm citing strong growth.

flag Multiple global brokerages, including Jefferies, Goldman Sachs, and Bernstein, have maintained positive ratings on Paytm, citing strong growth and profitability despite regulatory challenges. flag Jefferies projects revenue growth of 22% annually and a price target of ₹1,350, while Goldman Sachs forecasts 26% GMV growth and a target of ₹1,400. flag Bernstein also reaffirmed an Outperform rating with a ₹1,500 target, noting the company has fully separated from its former banking entity.

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