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Yes Bank shares slide despite higher target price
Yes Bank shares slipped despite a higher target price as investors balanced improving fundamentals with near term volatility across the broader banking sector.
Yes Bank shares declined even as ICICI Securities raised its target price on the stock, creating mixed investor signals. Analysts cited improving fundamentals and steady balance sheet progress supporting the upgrade. However, near term sentiment remained cautious due to broader banking sector volatility. Investors weighed valuation optimism against recent price weakness while tracking asset quality trends, capital adequacy updates, and sector level risks closely