Paytm poised for strong growth as Jefferies retains “buy” rating, raises price target to Rs 1,420

Paytm is looking bullish, with Jefferies maintaining a “Buy” rating and hiking its price target to Rs 1,420, indicating a 21% upside from current levels. As of today, Paytm’s stock price is around Rs 1,197.

Jefferies reaffirmed its confidence in the company. In its latest report, “Upsides From Business & Costs; Raise Ests & Stay with Buy” (September 21, 2025), the brokerage raised estimates and maintained a “Buy” rating with a revised price target of Rs 1,420 — a 21 per cent upside from the current market price.