Houseviews: 3 stocks brokerages are positive on, 1 bearish

Sat, Apr 28, 2012 at 11:40

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UBS has a ‘Buy’ on ICICI Bank with a target of Rs 1150. Strong improvement in net interest margin from higher yields coupled with higher dividend and treasury income led to a strong performance. UBS believes that the bank is on track to improve its RoE despite challenging macro environment.

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