Fund Houses’ Recommendations

🔹 Positive / Bullish Views

UBS on Canara Bank: Buy — Target Price: ₹150/share

UBS on IGL: Buy — Target Price: ₹250/share

Investec on Petronet LNG: Buy — Target Price: ₹400/share

Jefferies on Lodha Developers: Buy — Target Price: ₹1,625/share

Nomura on Lodha Developers: Buy — Target Price: ₹1,450/share

Morgan Stanley on Titan: Overweight — Target Price: ₹3,953/share

CLSA on Financial Sector: RBI’s draft circular expected to generate positive sentiment for banks and SBI Cards.

Citi on Financial Sector: Draft directions to reduce risk weights across products likely to boost capital adequacy.

Morgan Stanley on India Strategy: Financials and Energy sectors saw the highest positive earnings revisions over the last three months.

Neutral / Balanced Views

UBS on PNB: Neutral — Target Price: ₹120/share

UBS on Union Bank: Neutral — Target Price: ₹150/share

Morgan Stanley on Dabur: Underweight — Target Price: ₹400/share

JP Morgan on Titan: Neutral — Target Price: ₹3,500/share

Nomura on Tata Motors: Neutral — Target Price: ₹732/share

HSBC on DMart: Reduce — Target Price: ₹3,700/share

UBS on Dabur: Sell — Target Price: ₹500/share

Nuvama on Godrej Consumer Products: Buy — Target Price: ₹1,450/share

Morgan Stanley on Godrej Consumer Products: Overweight — Target Price: ₹1,413/share

Motilal Oswal on SBI Cards: Neutral — Target Price: ₹950/share