Brokerage Reports: CLSA on Adani Ports, BofA on India, Nomura on Bharti Airtel, Jefferies on Marico, HSBC on Maruti Suzuki, Goldman Sachs on SBI Cards, Investec on Cipla and More

CLSA on Adani Ports CLSA has a rating of Outperform with a target price of Rs 1764 for Adani Ports. In the first half of […]

Goldman Sachs: Neutral on Ambuja Cements; Citi: Sell on PNB; UBS: Sell on Ambuja Cements, Buy on Federal Bank; Nomura: Buy on Macrotech; JP Morgan on Auto and More!

Goldman Sachs on Ambuja Cements Recommendation: Neutral, Target Price (TP) increased to Rs 640 (up from Rs 625). Q2 Analysis: Ambuja’s Q2 volumes and realizations […]

Brokerage Reports: Goldman Sachs Downgrades India, UBS on Paytm, Macquarie on Zomato, JPMorgan on Bajaj Finance, Jefferies on SRF, Nomura on Persistent, HSBC on ICICI Pru Life

Goldman Sachs on India: Goldman Sachs has downgraded Indian equities from Overweight to Neutral, pointing to slowing economic growth and corporate profits. While the long-term […]

Brokerage Reports on HDFC Bank, Kotak Bank, IndiaMART, Tata Cons, MCX, Zee, City Gas, RBL Bank, L&T Fin, Oberoi, TechM, Cement Stocks

HDFC Bank (JPM – Neutral, TP Rs 1750): HDFC Bank’s 2nd quarter profit was Rs 168 billion, up 5% year-on-year (ROE: 14.6%), which was 3% […]

UBS Upgrades S&P 500 Targets; Goldman Sachs on AMZN, Downgrades ETSY, MBLY, ENPH Insights

UBS Increases S&P 500 Target for 2024 & 2025 UBS has raised its target for the S&P 500 to 5,850 for 2024 (up from 5,600) […]

Brokerage Reports: Barclays (Overweight) on BABA, JPMorgan (Overweight) on BA, Evercore (Buy) on TSLA, Citi (Buy) on NVDA, Goldman (Buy) on GOOGL.

Barclays Raises Price Target on Alibaba (BABA) to $137 from $107 Analyst Comments: They expect Alibaba’s September quarter results to be mostly as expected. They […]

Brokerage Reports: Avenue Supermart, L&T, Just Dial, Concor and Life Insurance Upgrades/Downgrades

Bernstein on Avenue Supermart revenue growth of 14.4% year-over-year in Q2 was disappointing, marking the slowest growth in four years. Like-for-like (LFL) growth was also […]

Brokerage reports on Tesla, Affirm, Atlassian, AMD, and NVIDIA Receive Mixed Ratings; Uber Benefits from Tesla’s Robotaxi Event

UBS on Tesla ($TSLA) – Sell; Price Target: $197 UBS thinks that Tesla’s recent event, “We, Robot,” might not meet the high expectations many had. […]

Morgan Stanley and Nomura Favor SBI, Torrent Power, and Reliance Industries; Emkay Upgrades Escorts

Nomura on Asset Management Companies (AMCs): Nomura initiates coverage of several AMCs. They rate HDFC AMC a “Buy” with a target price of ₹5,000, Nippon […]

Market Insights: Nomura on Yes Bank and Bajaj Finance; Jefferies on SBI Card; Morgan Stanley on Bajaj Finance; Citi on Bank of Baroda

Nomura on Yes Bank: Maintains a “Neutral” rating, Target price is set at ₹17. Pre-Q2 update shows strong deposit growth, mainly from CASA accounts. Expects […]

JPMorgan Reiterates Overweight on SBI with ₹1,000 Target, Confident in Growth and Asset Quality

JPMorgan on SBI (Management Meeting): Maintains an “Overweight” rating with a target price of ₹1,000. Confident about growth and asset quality, with Return on Assets […]

Brokerage Reports: Buy Recommendations for Bank of Baroda, Aeroflex, L&T Finance, and More, Alongside Sell Call for Navin Fluorine

Khambatta Securities has set a target price of Rs 938 for Century Ply, recommending a “Hold” position. The current price is Rs 897.1, indicating a […]