Vodafone Idea Slides 3% After JPMorgan Downgrade, Target Cut to ₹9
Published on: Feb. 12, 2026, 12:51 p.m. | Source: Republic World
Vodafone Idea shares fell about 3% in Thursday’s trade after JPMorgan downgraded the stock to Underweight and cut its target price to ₹9, flagging more than 20% downside risk. The brokerage cited funding uncertainty, high capital expenditure requirements and competitive pressure as key concerns.
