Here are six stocks that brokerages are bullish on post Q1 resultsITC Citi has a buy call with target increased to Rs 295 from Rs 260 per share as cigarette volumes rebound to 3-4 percent in Q1 YoY. Goldman Sachs also reiterates buy rating with improving volume trend to lead to valuation convergence. HDFC Bank Morgan Stanley has an overweight call with a target at Rs 1450 per share as bank's market share continued to gain. Q1 loan growth stayed significantly above system. It remains to be Morgan Stanley’s one of top picks in banking space. Ashok Leyland Deutsche Bank maintains buy rating but cuts target by 6 percent to Rs 117 per share. It says Q1 results are ahead forecasts on stronger-than-expected pricing. It has cut FY17/FY18 EPS by 6-7 percent. ABB Jefferies have a buy call with target at Rs 1700 per share. It expects earnings to rise at 43 percent CAGR till CY18.JSW Energy CLSA maintains outperform rating with target at Rs 81 per share. It says stock offers value but M&A risks remain. It is bullish on company’s plans to diversify asset & revenue mix. Key risks include lower merchant tariff in South India. Bharat Financial Inclusion Morgan Stanley has overweight call with target at Rs 925 per share. It is top pick amongst NBFCs with high earnings visibility.
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