paytm: Stock to buy today: Citi sees 17% upside in Paytm; Jefferies maintain buy on Dalmia Bharat
We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Synopsis Brokerage firms remain optimistic about Dalmia Bharat, KEI Industries, and Paytm despite sectoral challenges. Jefferies targets 17% upside for Dalmia Bharat, UBS sees 42% upside for KEI, and CITI expects 17% upside for Paytm, focusing on growth and…
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BSE shares surge 5% after Jefferies upgrades to hold rating, raises target price
Shares of Asia’s oldest stock exchange, BSE Ltd, surged 4.9% on Tuesday to Rs 5,408.95 on the National Stock Exchange (NSE) after brokerage firm Jefferies upgraded its rating on the bourse to ‘hold’ from ‘underweight’ and significantly increased the target price to Rs 5,250 from Rs 3,500 earlier. The upgrade reflects Jefferies’ optimism about potential…
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Stocks to buy today: Bernstein initiates coverage on Swiggy; Jefferies sees over 20% upside in IndiGo
Analysts at top brokerage firms have shared optimistic outlooks on key players across diverse sectors, highlighting significant growth opportunities and robust fundamentals for the upcoming year. Bernstein has initiated coverage on Swiggy with an “Outperform” rating, citing its leadership in India’s convenience economy and its potential to capitalize on super-fast delivery models. Meanwhile, Jefferies remains…
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Jefferies upgrades Zydus Life to ‘Buy’ on strong US pipeline potential, stock up 4%
Global brokerage firm Jefferies has upgraded Zydus Lifesciences to a ‘Buy’ rating, citing the strength of the company’s US pipeline as a key driver for future growth. The brokerage raised its target price for the stock to Rs 1,450 from the previous Rs 1,210, reflecting a 30% upside potential from the previous day’s closing price…
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India will remain top choice for private equity investments despite external shocks: Jefferies
New Delhi [India], August 9 (ANI): Global brokerage firm Jefferies in its latest report identifies India as a prime market for listing private equity (PE) investments, suggesting a huge pipeline for investment bankers globally. The report noted that despite the challenges faced by the private equity industry, including a liquidity squeeze and declining distributions from…
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ITC: Budget does not singe ITC with tax hike, shares top Rs 500-mark
Mumbai: ITC shares crossed the ₹500 mark for the first time on Wednesday after the budget left tobacco taxation unchanged. Analysts recommend buying the stock on any dip for a short-term return of up to 15%. After the budget, global brokerage Jefferies upgraded the stock from hold to buy and raised the target price to…
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