Stories
Brokerage Reports: HDFC Bank, Adani Enterprises Among 16 Stocks with Advice and Targets
- •Brokerage reports on 16 stocks released today, with 12 'Buy', 1 'Outperform', 2 'Hold', and 1 'Reduce' recommendations.
- •Goldman Sachs raised Sansera Engineering's target, while UBS increased targets for GAIL and Meesho.
- •HSBC reduced Lupin's target but maintained a 'Buy' recommendation.
- •CLSA gave Juniper Hotels an 'Outperform' rating, and Citi advised 'Buy' on Kotak Mahindra Bank.
- •Jefferies recommended 'Buy' for Adani Enterprises, ITC Hotels, and JSW Cement.
Key Questions Answered
UBS has maintained a 'Buy' recommendation on GAIL while raising its target price to ₹215, supported by expected transmission business growth and commodity cycle improvements. Additionally, UBS issued a 'Buy' rating for Meesho with a target price of ₹260, driven by strong growth in its seller and buyer base along with enhanced ad monetization and logistics.
Goldman Sachs has issued a 'Buy' recommendation on Sansera Engineering, increasing its target price to ₹4,990. This positive outlook is supported by long-term benefits expected from major semiconductor investments in India and an existing client's $180 million semiconductor order.
HSBC maintained its 'Buy' recommendation on Lupin but reduced its target price from ₹2,770 to ₹2,500 because current valuations already reflect most company-associated risks, with US sales expected to remain stable around $1.2 billion through FY27-29.
