SBI Shares Soar: Brokerages Raise Targets, Eye Rs 1,305 Peak After Strong Q3

• Brokerage firms like Nomura and Jefferies have significantly raised their target prices for SBI shares post-Q3 results.
• Analysts predict SBI shares could reach up to Rs 1,305 in the next 12 months, the highest target yet.
• Out of 49 analysts, 42 recommend 'Buy' for SBI, with no 'Sell' ratings.
• SBI reported robust Q3 performance with 24.5% net profit growth and improved asset quality, including lowest NPAs in two decades.
• Domestic loan growth hit 15.6% year-on-year, surpassing top private and PSU banks.