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    HomeNewsPhotosBusinessStocksForeign brokerages raise target price on these 5 stocks

    Foreign brokerages raise target price on these 5 stocks

    Tata Steel and SBI Life are among the five stocks where foreign brokerages have raised their target price.

    Rakesh Patil
    May 11, 2021 / 11:53 IST
    ensex
    1/6
    The market is directionless with high levels of volatility due to the continuous rise in daily new COVID cases amid a second wave. On the other hand, robust earnings from India Inc and positive global cues are helping keep a cap on the downside. Based on the earnings and current scenario, foreign brokerages have revised their target price on these five stocks. Do you own any?
    Tata Steel | Brokerage: Morgan Stanley | Rating: Overweight | Target: Raised to Rs 1,630 from Rs 1,000
    2/6
    Tata Steel | Brokerage: Morgan Stanley | Rating: Overweight | Target: Raised to Rs 1,630 from Rs 1,000
    SBI Life | Brokerage: Morgan Stanley | Rating: Overweight | Target: Raised to Rs 1,275
    3/6
    SBI Life | Brokerage: Morgan Stanley | Rating: Overweight | Target: Raised to Rs 1,275
    Persistent Systems | Brokerage: CLSA | Rating: Sell | Target: Raised to Rs 1,830 from Rs 1,540
    4/6
    Persistent Systems | Brokerage: CLSA | Rating: Sell | Target: Raised to Rs 1,830 from Rs 1,540
    Adani Ports | Brokerage: Citi | Rating: Buy | Target: Raised to RS 1,000
    5/6
    Adani Ports | Brokerage: Citi | Rating: Buy | Target: Raised to Rs 1,000
    IDFC First Bank | Brokerage: CLSA | Rating: Downgrade to underperform from buy | Target: Raise to Rs 59 from Rs 50
    6/6
    IDFC First Bank | Brokerage: CLSA | Rating: Downgrade to underperform from buy | Target: Raise to Rs 59 from Rs 50
    Rakesh Patil
    Tags: #Slideshow #Stocks Views
    first published: May 11, 2021 11:53 am

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