Global brokerage firms have maintained their ratings on Apollo Hospitals, Prestige Estates and Bharti Airtel, while City Union Bank has been downgraded to Neutral. Jefferies has a buy rating on Apollo Hospitals and Prestige Estates, with target prices of Rs 5300 and Rs 560 respectively. Meanwhile, CLSA has maintained a buy rating on Bharti Airtel, with a target price of Rs 140. Macquarie has downgraded City Union Bank to Neutral, with a target price of Rs 140, citing weaker growth and ROA inconsistencies.
Motilal Oswal initiates coverage on Adani Enterprises with Buy, sees 25% upside. Here’s why
Motilal Oswal has initiated coverage on Adani Enterprises with a Buy rating and a target price of Rs 3,880, implying 25% upside from the prevailing