CLSA, Credit Lyonnais Securities Asia, has upgraded Vedanta to buy from sell with an increased target price of Rs 150 from Rs 70 per share. CLSA has also upgraded Financial Year 2017-18 EBITDA by 5-7 per cent with an estimate of 18/45 per cent EBITDA/EPS CAGR over Financial Year 2016-19, factoring in higher aluminium/power volumes, lower aluminium costs and higher zinc prices. With this news in the market, shares of Vedanta jumped 3 per cent in early trade Friday, 10th June 2016.