Stock Market Today – What Brokerages Recommend?
– CS on Interglobe Aviation (CMP: 1893)
Maintain Outperform, Target 2350
Very strong yield on strong demand & ltd capacity with lower costs can drive profitability surprise
Competition remain s weak
Stay O-P on strongest positioning in a sector, with large opportunity (15% CAGR in FY21-30E)
– HSBC on Jubilant Foodworks (CMP: 541)
Maintain Buy, Target cut to 750 from 850
Scenarios in the quest for favourable risk reward
Jubilant is aggressively scaling its up Dominos network
Market fears margins may slip
Jubilant long term investment case is quite appealing
– Goldman Sachs on Nykaa (CMP: 172)
Maintain Neutral, Target 233
– Macquarie on Reliance (CMP: 2557)
Maintain Underperform, Target 2000
– Goldman Sachs on Asian Paints (CMP: 3101)
Maintain Neutral, Target cut to 3200 from 3450
(Disclaimer: The views/suggestions/advises expressed here in this article is solely by investment experts. Zee Business suggests its readers to consult with their investment advisers before making any financial decision.)
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