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Monday's top brokerage calls: ITC, Cipla and more

Updated : 2020-11-09 08:15:41

Among brokerages, Jefferies and Morgan Stanley have raised the target price on Cipla. On ITC, Jefferies said that its valuation appears to be compelling at current levels. Here are the top brokerage calls for today:

 Jefferies on ITC  | The brokerage firm said that ITC's valuation appears to be compelling at current levels. It maintains a 'Buy' rating with a target price of Rs 265 per share.
Jefferies on ITC | The brokerage firm said that ITC's valuation appears to be compelling at current levels. It maintains a 'Buy' rating with a target price of Rs 265 per share.
 CLSA on ITC  | CLSA maintains 'Buy' call on ITC and has raised earnings estimates by 3-4% on improved fundamentals.
CLSA on ITC | CLSA maintains 'Buy' call on ITC and has raised earnings estimates by 3-4% on improved fundamentals.
 Jefferies on Cipla  | The brokerage has maintained a 'Buy' rating on the stock and has raised the target price to Rs 1,024 per share.
Jefferies on Cipla | The brokerage has maintained a 'Buy' rating on the stock and has raised the target price to Rs 1,024 per share.
 Morgan Stanley on Cipla  | The brokerage has an 'Overweight' call on the stock and has raised the target price to Rs 949 per share from Rs 847 earlier.
Morgan Stanley on Cipla | The brokerage has an 'Overweight' call on the stock and has raised the target price to Rs 949 per share from Rs 847 earlier.
 Jefferies on Divi's Laboratories  | Jefferies has upgraded the stock to 'Buy' and has raised the target price to Rs 3,772 per share from Rs 3,159 earlier.
Jefferies on Divi's Laboratories | Jefferies has upgraded the stock to 'Buy' and has raised the target price to Rs 3,772 per share from Rs 3,159 earlier.
 Macquarie on Divi's Laboratories  | The brokerage said that the company's new capex of Rs 400 crore and resolution of Kakinada logjam will strengthen the growth outlook.
Macquarie on Divi's Laboratories | The brokerage said that the company's new capex of Rs 400 crore and resolution of Kakinada logjam will strengthen the growth outlook.
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