IndiGo Faces Analyst Skepticism Amidst Capacity and Cost Headwinds
Market Consensus and Divergent Outlooks Despite a strong “buy” rating from 80% of market analysts following its fourth-quarter results, IndiGo, India’s largest airline, faces a notable “sell” stance from Investec. The brokerage maintained its bearish position on the carrier, setting a target price of ₹4,050 while highlighting significant structural challenges expected to persist through the…