I-Sec downgrades Ceat to Hold, target price at Rs 3,625 Jobbery Stock Market update

ICICI Securities has downgraded Ceat to Hold with a target price of Rs 3625, despite a strong Q4 performance showing a 14.36% increase in total income. Ceat aims to lead in the PV replacement segment and expand its TBR market share, while integrating CAMSO. The downgrade reflects concerns about US tariffs and rich valuations after a recent stock surge.