Trent shares tumbled nearly 4% after Goldman Sachs downgraded the stock from 'buy' to 'neutral', citing concerns over slowing sales and weaker performance at Zudio stores. The brokerage slashed its price target by 21% to ₹5,500. While it still projects a 60% sales growth for Zudio in FY25, Goldman Sachs has revised down its revenue and earnings forecasts for Trent.
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