Hot Stocks: Brokerages see 11-30% upside in Apollo Tyres, Eicher Motors & L&T
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Global brokerage firms have shared their insights on key stocks, highlighting investment opportunities with potential upsides. Goldman Sachs has reiterated its confidence in Eicher Motors and Larsen & Toubro (L&T), citing strong growth drivers and robust performance indicators. Meanwhile, UBS has maintained its bullish stance on Apollo Tyres, emphasizing a promising outlook despite mixed quarterly results. Here's a closer look at their assessments and growth prospects for these stocks. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Goldman Sachs on Eicher Motors: Buy| Target Rs 5400: LTP Rs 4589| Upside 17% Goldman Sachs has maintained its Buy rating on Eicher Motors with a target price of Rs 5,400, implying a potential upside of 17% from its last traded price of Rs 4,589. The company’s Q2 performance was in line with expectations, supported by a favorable product cycle and ro...