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Buy, sell or hold: 16 stocks for your portfolio

Here are brokerage firms' views on 16 stocks. Bank of America Merrill Lynch has initiated buy rating with target at Rs 1450 percent indicating 23 percent potential upside. It says Kesh King-led drag behind; upside risk from the global business. The stock is re-rated over time and robust growth to provide support.

September 22, 2016 / 21:27 IST
 
 
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Moneycontrol Bureau Here are brokerage firms' views on 16 stocksEmamiBank of America Merrill Lynch has initiated buy rating with target at Rs 1450 percent indicating 23 percent potential upside. It says Kesh King-led drag behind; upside risk from the global business. The stock is re-rated over time and robust growth to provide support. DaburBank of America Merrill Lynch downgrades it to underperform with target at Rs 306 per share.Citi retains buy rating with target at Rs 325 per share. It says the stock is set to ride the naturals wave. PharmaCredit Suisse maintains underperform on Lupin and Dr Reddy's. Cipla a preferred stock in the sector Coal IndiaCiti has buy rating on the stock with a target cut to Rs 360 from Rs 380 per share. It has cut FY17/18 EPS by 10-18 percent on volumes/other income.VoltasCiti has buy call with target at Rs 405 per share stating that structural theme of low ac penetration will drive the unitary cooling products (UCP) businessBharti AirtelDeutsche Bank retains buy rating on the stock with target at Rs 340 per share but says margin could possibly tighten in the medium term. It says the company is likely to fill a few gaps but unlikely to bid for 700 mhz spectrum. It believes co would be able to defend its rev-share and margins. Consumer sectorMorgan Stanley downgrades Marico to underweight and Dabur to equal-weightIt has equal-weight on Godrej Consumer and underweight on Colgate, Nestle and Tata Global. It has upgraded Asian Paints to overweigh and reiterated overweight on Titan, Jubilant Industries and USL

first published: Sep 22, 2016 08:34 am

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