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According to a recent study by the International Monetary Fund (IMF), corporate zombification is on the rise globally, leading to negative effects on healthy firms. In India, the focus on addressing zombie firms was temporarily abandoned during the COVID-19 pandemic, allowing these unviable businesses to continue operating. This has resulted in a duopoly emerging in sectors such as telecommunications and aviation, benefiting dominant players like Jio Infocomm and IndiGo.
REV Group (NYSE:REVG – Free Report) had its target price hoisted by Credit Suisse Group from $12.00 to $13.00 in a report published on Wednesday morning, FlyOnTheWall reports. REVG has been the subject of several other research reports. BMO Capital Markets raised their target price on REV Group from $14.00 to $15.00 in a research […]