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[hfe_template id='11223'] [ad_1] 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...

[hfe_template id='11223'] [ad_1] Shares of Shyam Metalics and Energy (SMEL) on Thursday jumped 11% to its new all-time high of Rs 844.85 after the global brokerage firm UBS initiated coverage on the stock with a target price of Rs 1,200, indicating a 57% upside potential. “We value SMEL on 8x EV/EBITDA on the FY26-27E average, in line with peers' multiples. We believe SMEL deserves this multiple given its shift to value-added products, strong earnings visibility, and lower cyclical risk because of diversified metal products,” said UBS in its report. UBS feels that the company is on a high growth and transformation journey, moving up the value chain while driving efficiency at every level. SMEL is transforming from a producer of commoditised to value-added products and shifts like these should lead to better margins, lower susceptibility to commodity price movement, and a better return ratio. Strong earnings acceleration visibility is there and the global brokerage fi...

[hfe_template id='11223'] [ad_1] Shares of CG Power climbed over 4% to Rs 660 during Thursday's intraday trading on BSE after the global brokerage firm UBS maintained its buy rating and raised the stock's target price to Rs 850 from Rs 580. This adjustment suggests an upside potential of 34% from the previous day's closing price of Rs 631.8 apiece. The brokerage firm suggests that the company is a prudent capital allocator and timely fund allocation will drive the bottomline in the coming quarters. Furthermore, medium-term demand drivers are in place on the back of robust capital allocation. "The company possesses best-in-class profitability and significant option value," UBS said in a note. UBS also highlighted a lack of consensus on the potential for faster revenue ramp-up and better margins. They emphasised key value drivers over the next 12-24 months and urged a closer examination of critical variables. Also Read: Looking for stocks to buy befor...

[hfe_template id='11223'] [ad_1] Mumbai: Shares of Vodafone Idea soared as much as 11.6% in trading on Friday after brokerage UBS upgraded its rating on the stock to 'buy' from 'neutral'. The brokerage raised its price target on the stock to ₹18, implying an upside of over 19% from Friday's closing. The stock ended at ₹15.11, up 7.5% over the previous day. UBS said it believes the market is pricing in 15-20% mobile tariff increase over the next 12-24 months. "We believe relief in the form of AGR reduction by the Supreme Court or equity conversion, moratoriums etc by the government is highly likely, especially given the government's stated objective of ensuring three viable private telcos," the brokerage said in a note. UBS said Vodafone will benefit the most if that happens and the risk-reward is attractive before such an announcement. The brokerage maintained its 'neutral' ratings on Bharti Airtel and Indus Towers. Analysts and ...

[hfe_template id='11223'] [ad_1] Brokerage firm Morgan Stanley has an Equal Weight rating on PB Fintech, Jefferies recommended a buy on JSW Energy, Goldman Sachs maintained a buy on Pidilite Industries and UBS has a buy on Max Financials. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Morgan Stanley on PB Fintech: Equal Weight| Target Rs 1010 Morgan Stanley maintained an Equal Weight rating on PB Fintech with a target price of Rs 1010. The beat was led by much stronger insurance business. The core business beat was led by strong insurance new business growth.Disbursement growth was weaker due to tighter credit supply. Adjusted EBITDA margin reached a new high.Investor focus will be on the sustainability of premium momentum and a pickup in the credit business.Jefferies on JSW Energy: Buy| Target Rs 690 Jefferies maintained a buy rating on JSW Energy but raised the target price to Rs 690 from Rs 600 earlier. The profitabil...