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Home»Blog»Fund Houses Recommendations (27th Jan, 2024)
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Fund Houses Recommendations (27th Jan, 2024)

Vicky NagarBy Vicky Nagar27 January 2024Updated:27 January 2024No Comments2 Mins Read
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These recommendations encompass a range of perspectives, including positive, neutral, and negative outlooks, reflecting differing opinions on the potential performance of these companies. The assessments include target prices and ratings, offering insights into the suggested actions or expectations for investors considering these stocks.

ICICI Bank

HSBC: Maintain Buy, target price raised to Rs 1270 per share from Rs 1260 per share (Positive)

Nuvama: Maintain Buy, target price raised to Rs 1200 per share from Rs 1180 per share (Positive) Citi: Maintain Buy, target price at Rs 1322 per share (Positive)

Jefferies: Maintain Buy, target price at Rs 1250 per share (Positive)

Reliance Ind

HSBC: Maintain Hold, target price at Rs 2600 per share (Neutral)

MS: Maintain Overweight, target price at Rs 3046 per share (Neutral)

ZEE Entertainment

UBS: Maintain Neutral, cut target to Rs 260 per share (Neutral)

CLSA: Downgrade to Sell, target cut to Rs 198 per share from Rs 300 per share (Negative)

Citi: Downgrade to Sell, target cut to Rs 180 per share (Negative)

Pidilite

JP Morgan: Upgrade to Buy, target price raised to Rs 2900 per share (Positive)

GS: Maintain Buy, target price at Rs 2850 per share (Neutral)

MS: Maintain Equal weight, target price at Rs 1450 per share (Neutral)

Tech Mahindra

Nomura: Maintain Buy, target price at Rs 1470 per share (Positive)

HSBC: Maintain Hold, target price raised to Rs 1300 per share (Neutral)

Jefferies: Maintain Underperform, target price at Rs 1080 per share (Neutral)

MS: Maintain Underweight, target price raised to Rs 1220 per share (Neutral)

Tata Steel

MS: Maintain Equal weight, target price at Rs 120 per share (Neutral)

CLSA: Maintain Outperform, target price at Rs 145 per share (Neutral)

Axis Bank

JP Morgan: Maintain Overweight, target price raised to Rs 1225 per share (Positive)

HSBC: Maintain Buy, target price at Rs 1404 per share (Neutral)

Jefferies: Maintain Buy, target price at Rs 1380 per share (Neutral)

Citi: Maintain Buy, target price cut to Rs 1370 per share from Rs 1380 per share (Neutral)

MS: Maintain Overweight, target price at Rs 1450 per share (Neutral)

Bajaj Auto

MS: Maintain Overweight, target price raised to Rs 8082 per share (Positive)

Jefferies: Maintain Buy, target price at Rs 9000 per share (Positive)

Citi: Maintain Sell, target price at Rs 5000 per share (Neutral)

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Vicky Nagar
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Vicky Nagar is an equity trader with 5+ years of experience in trading and investing. He has expertise in equity valuation, sectoral analysis, index analysis, and in identifying the market trends. He is a NISM Certified Research Analyst. Formerly a relationship manager at Kotak Mahindra Bank Limited in the Agri-Business Group, he also has teaching experience at KS School of Business Management, Gujarat University, and as an Academic Associate at IRMA (Institute of Rural Management Anand). He holds a BBA (Gold Medalist) and an MBA (Gold Medalist) in Marketing.

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