BUZZ-Goldman Sachs starts India's <a href="https://laohu8.com/S/LGEIY">LG Electronics</a> with 'buy'; stock up** LG Electronics LGEL.NS rises 0.17% to 1,553.20 rupees
** Goldman Sachs starts with "buy", PT of 1,750 rupees
** Says rising income levels, increasing demand for premium appliances position co to outpace industry growth
** Sees export growth potential as co expands manufacturing in India
** Adds co's market leadership, brand strength justify premium valuation within consumer durables sector
** Stock rated "buy" on average; median PT at 1,758 rupees, per data compiled by LSEG
** YTD, LGEL gains ~2%
(Reporting by Surbhi Misra in Bengaluru)
((Surbhi.Misra@thomsonreuters.com | X: https://twitter.com/SurbhiMisra_ |;))
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