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Paytm stock slips 1% today despite Q1 earnings beat; Citi raises target, CLSA stays bearish

in5points
Paytm stock slipped 1% on August 2, 2024, despite beating Q1 earnings estimates.
Citi raised its target price for Paytm after the earnings beat.
CLSA maintained a bearish stance on Paytm stock.
The stock decline occurred even as the company reported better-than-expected Q1 results.