Goldman Sachs upgrades L&T to Buy, hikes target price by 34% to ₹5,000

• Goldman Sachs upgraded L&T shares from "Neutral" to "Buy".
• Goldman Sachs increased L&T's target price by 34% to ₹5,000.
• The new target price suggests a potential 25% upside from Thursday's closing.
• L&T's growth is driven by opportunities in defense, green hydrogen, and nuclear power.
• Strong order book and domestic capex improvement support L&T's growth.

Why It Matters: Goldman Sachs' "Buy" rating and higher target price indicate strong L&T stock potential.