Canara Bank hits 52-week high, BofA-ML upgrades

Shares of Canara Bank rose to a 52-week high of 693.30 rupees on good earnings, two dealers said. The robust earnings have prompted Bank of America-Merrill Lynch to upgrade Canara Bank to "buy" from "underperform" and raise price target to 800 rup...

Shares of Canara Bank rose to a 52-week high of 693.30 rupees on good earnings, two dealers said. The robust earnings have prompted Bank of America-Merrill Lynch to upgrade Canara Bank to "buy" from "underperform" and raise price target to 800 rupees from 500 rupees.
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