Bernstein has raised its target price for Paytm shares to ₹1,000 from ₹750, implying an upside of 18% from Thursday's closing price of ₹845.4. The brokerage said the share price could potentially double in a bullish scenario. Paytm could see a significant upside if the regulatory environment becomes favourable and it secures an NBFC licence, Bernstein stated.