Foreign brokerages have raised target price of these 5 stocks
A private bank, a steel major and an IT player are on the list of stocks that could have an upside of up to 40 percent
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The Indian market has been scaling new heights amid supporting global cues. Here are five stocks whose target price has been raised by foreign broking houses anticipating higher returns.
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HCL Technologies | Brokerage: CLSA | Rating: Buy | LTP: Rs 1,154.55 | Target: Raises to Rs 1,320 from Rs 1,180 | Upside: 14 percent
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Bharti Airtel | Brokerage: Macquarie | Rating: Outperform | LTP: Rs 612.45 | Target: Raises to Rs 867 | Upside: 41 percent
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Tata Steel | Brokerage: Kotak Institutional Equities | Rating: Buy | LTP: Rs 1,390.35 | Target: Raises to Rs 1,750 | Upside: 26 percent
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ICICI Bank | Brokerage: Jefferies | Rating: Rs Buy | LTP: Rs 690.90 | Target: Raises to Rs 900 from Rs 830 | Upside: 30 percent
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Voltas | Brokerage: Jefferies | Rating: Buy | LTP: Rs 960.20 | Target: Raises to Rs 1,200 | Upside: 25 percent
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