Thursday, July 2, 2026

JPMorgan downgrades pharma but still likes a few stocks

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Pharma stocks has outperformed the MSCI India Index by 40% in the last three years. However, several looming challenges threaten the momentum in many of the stocks. Scroll down for three names that the analysts continue to be bullish on.

JPMorgan downgrades pharma but still likes a few stocks
Brokerage firm JPMorgan has adopted a more selective and cautious stance on India’s healthcare sector, downgrading the pharmaceutical space to ‘underweight’, citing concerns over earnings volatility, tariff risks, and a fading growth profile.

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