Hot stocks: Brokerage view on Infosys, SBI Life, ICICI Bank, Suzlon and Marico
Infosys and InCred has a hold rating on SBI Life while CLSA has maintained an outperform rating on ICICI Bank. Morgan Stanley has an overweight call on Suzlon Energy and Goldman Sachs has a buy rating on Marico.
We have collated a list of recommendations from top brokerage firms from ETNow and other sources:
<div data-placement=«Mid Article Thumbnails» data-target_type=«mix» data-mode=«thumbnails-mid» style=«min-height:400px; margin-bottom:12px;» class=«wdt-taboola» id=«taboola-mid-article-thumbnails-113211499»> Citi on Infosys: Neutral| Target price: Rs 1,955
Citi has maintained a neutral rating on Citi with a target price of Rs 1,955.
According to the demand trends, pockets of US financial services saw some rebound but manufacturing is still growing but softer than last year. Discretionary — pace of decline coming down over the last few quarters. EU growth has been stronger vs peers on large deals wins. The Gen Al is still in its early days but the company has highlighted a lot of use cases. On the margins front, there are multiple tracks that Infosys is working on.
InCred on SBI Life: Hold| Target price: Rs 2,150
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