Market is continuing to witness a rangebound movement this week amid volatility due to mixed global as well as domestic cues. However, on the back of better earning from the Indian Inc, foreign broking houses raised the target price of these 12 stocks:
UltraTech Cement | Brokerage: CLSA | Rating: Outperform | Target: Raised to Rs 8,000 from Rs 7,735
HDFC Life | Brokerage: Nomura | Rating: Neutral | Target: Raised to Rs 750 from Rs 725
ICICI Lombard | Brokerage: CLSA | Rating: Outperform | Target: Raised To Rs 1,600 From Rs 1,575
Havells | Brokerage: CLSA | Rating: Upgrade to outperform from sell | Target: Raises to Rs 1,230 from Rs 1,000
Just Dial | Brokerage: Citi | Rating: Neutral | Target: Raised to Rs 1,078
Asian Paints | Brokerage: CLSA | Rating: Outperform | Target: Raised to Rs 3,275
ACC | Brokerage: CLSA | Rating: Upgrade to buy | Target: Raised to Rs 2,600 from Rs 2,190
Nippon Life India Asset Management | Brokerage: CLSA | Rating: Outperform | Target: Raised to Rs 420
United Breweries | Brokerage: Citi | Rating: Buy | Target: Raised to Rs 1,605 from Rs 1,285
ICICI Bank | Brokerage: Morgan Stanley | Rating: Overweight | Target: Raised to Rs 900
Federal Bank | Brokerage: UBS | Rating: Neutral | Target: Raised to Rs 98 from Rs 90
Ambuja Cements | Brokerage: Goldman Sachs | Rating: Buy | Target: Raised to Rs 423 from Rs 370
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