Houseviews: 4 stocks brokerages are bullish on

Houseviews: 4 stocks brokerages are bullish on
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Houseviews: 4 stocks brokerages are bullish on
  • 
	Tata Motors

	Brokerage: Bank of America Merrill Lynch

	Rating: Buy

	Target: Rs 360

	Rationale: Although the near-term outlook seems uncertain, medium and heavy commercial vehicles may be close to a trough.

    Tata Motors Brokerage: Bank of America Merrill Lynch Rating: Buy Target: Rs 360 Rationale: Although the near-term outlook seems uncertain, medium and heavy commercial vehicles may be close to a trough.

  • 
	Glenmark

	Brokerage: JPMorgan

	Rating: Overweight

	Target: Rs 575

	Rationale: Glenmark is likely to launch crofelemer in emerging markets by the first half of 2014. JPMorgan has raised its eps estimates by 7 percent to account for crofelemer and research related payments from forest.

    Glenmark Brokerage: JPMorgan Rating: Overweight Target: Rs 575 Rationale: Glenmark is likely to launch crofelemer in emerging markets by the first half of 2014. JPMorgan has raised its eps estimates by 7 percent to account for crofelemer and research related payments from forest.

  • 
	ICICI Bank 

	Brokerage: CLSA

	Rating: Buy

	Target: Rs 1400

	Rationale: Healthy topline growth is being supported by manageable credit costs that reflect ICICI's lower exposure to riskier segments, tighter underwriting standards.

    ICICI Bank Brokerage: CLSA Rating: Buy Target: Rs 1400 Rationale: Healthy topline growth is being supported by manageable credit costs that reflect ICICI's lower exposure to riskier segments, tighter underwriting standards.

  • 
	Godrej Consumer 

	Brokerage: Nomura

	Rating: Buy

	Target: Rs 833

	Rationale: While the company's new acquisition, soft & gentle, is not a game changer, it is a step towards eventually hiving off the uk business.

    Godrej Consumer Brokerage: Nomura Rating: Buy Target: Rs 833 Rationale: While the company's new acquisition, soft & gentle, is not a game changer, it is a step towards eventually hiving off the uk business.

  • 
	Tata Motors

	Brokerage: Bank of America Merrill Lynch

	Rating: Buy

	Target: Rs 360

	Rationale: Although the near-term outlook seems uncertain, medium and heavy commercial vehicles may be close to a trough.
  • 
	Glenmark

	Brokerage: JPMorgan

	Rating: Overweight

	Target: Rs 575

	Rationale: Glenmark is likely to launch crofelemer in emerging markets by the first half of 2014. JPMorgan has raised its eps estimates by 7 percent to account for crofelemer and research related payments from forest.
  • 
	ICICI Bank 

	Brokerage: CLSA

	Rating: Buy

	Target: Rs 1400

	Rationale: Healthy topline growth is being supported by manageable credit costs that reflect ICICI's lower exposure to riskier segments, tighter underwriting standards.
  • 
	Godrej Consumer 

	Brokerage: Nomura

	Rating: Buy

	Target: Rs 833

	Rationale: While the company's new acquisition, soft & gentle, is not a game changer, it is a step towards eventually hiving off the uk business.

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