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HomeNewsPhotosBusinessStocksIndusInd Bank, Aurobindo Pharma among 5 stocks in which foreign brokerages cut target price
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IndusInd Bank, Aurobindo Pharma among 5 stocks in which foreign brokerages cut target price

With Indian markets scaling new highs, experts have turned cautious and advise investors to shift focus to largecaps from mid and small-cap space.

Rakesh Patil
August 24, 2021 / 11:23 IST
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With Indian markets scaling new highs, experts have turned cautious and advise investors to shift focus to largecaps from mid and small-cap space. Here are five stock where foreign brokerages have cut their target price.

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IndusInd Bank | Brokerage: Jefferies | Rating: Buy | Target: Cut to Rs 1,270 from Rs 1,300

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Aurobindo Pharma | Brokerage: Goldman Sachs | Rating: Buy | Target: Cut to Rs 980 from Rs 1,140

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Lupin | Brokerage: Nomura | Rating: Buy | Target: Cut to Rs 1,297

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Hero MotoCorp | Brokerage: UBS | Rating: Buy | Target: Cut to Rs 3,600 from Rs 3,950

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Vodafone Idea | Brokerage: CLSA | Rating: Underperform | Target: Cut to Rs 6 from Rs 10

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