Automotive
2 min read
Tata Motors & Jaguar Land Rover: China Drag Diminished?
Citi upgraded its bond call on the Jaguar Land Rover unit of Tata Motors after Tata reported earnings last week. Tata stock, down 25% so far this year, is off by 54% over 12 months, prompting Goldman Sachs to close its sell rating on Tata Motors equity…