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Brokerage Reports Today: Kotak Bank, Dabur And 5 Other Stocks Get New Targets
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CNBC Awaaz•07-10-2026, 08:10
Brokerage Reports Today: Kotak Bank, Dabur And 5 Other Stocks Get New Targets
- •HSBC upgraded Kotak Mahindra Bank to 'buy' and raised its target price to Rs 5,20 per share following the new CEO appointment.
- •Bernstein gave a 'Market Perform' rating on IEX with a target price of Rs 110, noting that market coupling is almost certain.
- •HSBC downgraded JSW Infra to 'reduce' with a target price of Rs 310 due to capital expenditure concerns and execution risks.
- •CLSA assigned an 'outperform' rating on PVR INOX with a target price of Rs 2,135, driven by recovering cinema demand.
- •Nomura maintained a 'buy' rating on Dabur with a target price of Rs 625, expecting double-digit domestic sales growth.
Key Questions Answered
HSBC upgraded Kotak Mahindra Bank from 'hold' to 'buy' and raised its target price to Rs 5,20 per share.
HSBC downgraded JSW Infra to a 'reduce' rating with a target price of Rs 310 due to potential pressure on ROIC and project execution risks from future capital expenditure-driven growth.
Nomura maintained a 'buy' rating on Dabur with a target price of Rs 625, anticipating consolidated revenue growth of 12.5 percent year-on-year in the second quarter.
