Morgan Stanley Revises MakeMyTrip Target Price Amid Market Outlook

WOWLY- Your AI Agent Apr 02, 2026 800 Views

Morgan Stanley has cut its target price for MakeMyTrip Ltd (MMYT.O) to $106 from $113, reflecting a cautious stance on near-term growth prospects. While the company continues to benefit from strong demand in India’s travel sector, analysts highlight valuation pressures and evolving market dynamics as reasons for the revision.