New Delhi, Oct. 13 -- Shares of KFin Technologies, a leading technology-driven financial services platform, continued their upward trend for the third consecutive session on Monday, October 13, gaining another 4.2% to the day's high of Rs.1,117.70, after global brokerage firm Citi turned bullish on the stock, citing strong mutual fund inflows and improving sentiment in primary markets.

The brokerage 'double-upgraded' the stock to 'Buy' from its earlier rating of 'Sell' and also raised its share price target to Rs.1,215 from Rs.1,100 earlier, indicating an upside potential of 10.4% from the stock's previous closing level.

Citi believes the company is well positioned to benefit from robust mutual fund inflows, expansion in alternate asset...