JPMorgan Initiates Coverage on LENSKART with Overweight Rating
📊 Lenskart has been initiated with an 'Overweight' rating by JPMorgan Chase & Co. and a target price of ₹635. The brokerage highlighted the company's scalable growth model, technology-driven competitive advantages, and projects a FY26–FY30 revenue CAGR of 21% along with an EPS CAGR of 41%.
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