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Financial Analyst Recommendations Snapshot - 8th Jan 2024

Stock Recommendations

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. Axis Bank (AXISBANK):

Macquarie upgraded to Buy and set the target at Rs 1300 per share (Positive).

HDFC Bank (HDFCBANK):

CLSA maintains a Buy, target of Rs 2110 per share (Positive).

Titan (TITAN):

HSBC maintains Buy, raises target to Rs 4200 per share (Positive).

MS maintains Equal weight, with a target of Rs 3190 per share (Neutral).

Citi maintains a Neutral, target at Rs 3650 per share (Neutral).

Godrej Consumer Products (GODREJCP):

MS maintains an Overweight, target at Rs 1072 per share (Positive).

CLSA maintains a Sell, target at Rs 936 per share (Neutral).

Sula Vineyards (SULA):

CLSA upgrades to Buy, target at Rs 863 per share (Positive).

Kalyan Jewel (KALYANJEWEL):

Citi maintains a Buy, target at Rs 440 per share (Positive).

HSBC maintains a Buy, target of Rs 400 per share (Positive).

Shree Cement (SHREECEM):

CLSA upgrades to Underperform, target at Rs 27200 per share (Positive).

L&T (LT):

UBS maintains Buy, raises target to Rs 4400 per share (Positive).

Citi maintains a Buy, target of Rs 4082 per share (Positive).

LIC (LIC):

Emkay maintains Buy, target at Rs 975 per share (Positive).

Macquarie downgrades to Neutral, target Rs 850 per share (Negative).

Bank of Baroda (BANKBARODA):

MS maintains an Overweight, target at Rs 240 per share (Neutral).

Macquarie downgrades to Neutral, cuts target to Rs 180 per share (Negative).

Marico (MARICO):

Nomura maintains a Neutral, target of Rs 600 per share (Neutral).

MS maintains Equal weight, with a target of Rs 553 per share (Neutral).

Macquarie maintains its Outperform, target at Rs 600 per share (Neutral).

ACC (ACC):

CLSA downgrades to Sell, raises target to Rs 2430 per share (Neutral).

Ambuja Cement (AMBUJACEM):

CLSA downgrades to Sell, cuts target to Rs 490 per share (Negative).

State Bank of India (SBIN):

Macquarie downgrades to Neutral, cuts target to Rs 615 per share (Negative).

Bajaj Finance (BAJFINANCE):

Macquarie downgrades to Neutral, cuts target to Rs 8100 per share (Negative).

Cholamandalam (CHOLAFIN):

Macquarie downgrades to Neutral, cuts target to Rs 1140 per share (Negative).

SBI Cards (SBICARD):

Macquarie downgrades to Sell, cuts target to Rs 760 per share (Negative).

HPCL (HINDPETRO):

JP Morgan downgrades to Neutral, cuts target to Rs 375 per share (Negative).

SAIL (SAIL):

Citi maintains Sell, target at Rs 80 per share (Negative). Join our WhatsApp Group for Trading/Investment ideas & Market Updates👇


DISCLAIMER: No financial information whatsoever published anywhere here should be construed as an offer to buy or sell securities, or as advice to do so in any way whatsoever. All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions. Readers must consult a qualified financial advisor before making any actual investment decisions, based on the information published here. Any reader taking decisions based on any information published here does so entirely at their own risk. Investors should bear in mind that any investment in the stock market is subject to unpredictable market-related risks. The author has no plans to invest in this offer and also the author does not recommend investing in any offer published on this website.


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