Leela-parent Schloss Bangalore valuations are cheap, JPMorgan says with ‘buy’ rating

This marks the third initiation coverage for Schloss Bangalore in the past two days. On Tuesday, BOFA Securities began coverage with a ‘Buy’ rating and a target price of ₹520 per share, while Morgan Stanley also initiated with an ‘Overweight’ rating and a target of ₹549 per share.

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