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These are Tuesday's biggest brokerage calls: Bharti Infratel, SpiceJet and more

Updated : 2020-02-25 08:18:56

After heavy selloffs in the previous session, Indian shares are likely to get a respite on Tuesday, with the SGX Nifty futures trading 0.6 percent higher. However, losses in global markets may weigh on market sentiment. Among brokerages, CLSA retained 'sell' call on Bharti Infratel and cut its target price, while HSBC upgraded SpiceJet to 'buy'. Here are the top brokerage calls for today:

 CLSA on Bharti Infratel:  The brokerage retained a 'sell' rating on the stock and cut its target price to Rs 200 per share from Rs 230 earlier. It further noted that Vodafone Idea’s potential insolvency will lead to a collapse in the company’s tower tenancies.
CLSA on Bharti Infratel: The brokerage retained a 'sell' rating on the stock and cut its target price to Rs 200 per share from Rs 230 earlier. It further noted that Vodafone Idea’s potential insolvency will lead to a collapse in the company’s tower tenancies.
 HSBC on SpiceJet:  The brokerage upgraded the stock to 'buy' from 'hold' but cut its target price to Ts 110 per share from Rs 115 earlier. It also cut FY20 forecast sharply following softness in yield.
HSBC on SpiceJet: The brokerage upgraded the stock to 'buy' from 'hold' but cut its target price to Ts 110 per share from Rs 115 earlier. It also cut FY20 forecast sharply following softness in yield.
 UBS on Coal India:  The brokerage reiterated a 'buy' call on the stock with a target at 270 per share. UBS believes the stock is likely to be re-rated on volume recovery.
UBS on Coal India: The brokerage reiterated a 'buy' call on the stock with a target at 270 per share. UBS believes the stock is likely to be re-rated on volume recovery.
 Morgan Stanley on Tech Mahindra:  The brokerage is 'overweight' on the stock with a target at Rs 865 per share.
Morgan Stanley on Tech Mahindra: The brokerage is 'overweight' on the stock with a target at Rs 865 per share.
 Credit Suisse on IndiGo:  The brokerage has an 'outperform' rating on the stock but cut its target to Rs 1,850 per share from Rs 1,900 earlier. It expects company's earnings to revive as cost structure spike tapers off.
Credit Suisse on IndiGo: The brokerage has an 'outperform' rating on the stock but cut its target to Rs 1,850 per share from Rs 1,900 earlier. It expects company's earnings to revive as cost structure spike tapers off.
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