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Wednesday's top brokerage calls: Adani Ports and Nestle

Updated : 2021-02-17 08:13:13

Among brokerages, Citi is bullish on Adani Ports while Credit Suisse downgraded Nestle to 'neutral' post its December quarter earnings. Here are the top brokerage calls for today:

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Citi on Adani Ports: The brokerage has a 'buy' call on the stock with a target at Rs 715 per share. It added that the valuation is attractive especially given good quality underlying business.
Citi on Adani Ports: The brokerage has a 'buy' call on the stock with a target at Rs 715 per share. It added that the valuation is attractive especially given good quality underlying business.
Credit Suisse on Nestle: The brokerage downgraded the stock to 'neutral' with a target at Rs 17,800 per share. It added that the firm has steady double-digit growth but limited room for a surprise going ahead.
Credit Suisse on Nestle: The brokerage downgraded the stock to 'neutral' with a target at Rs 17,800 per share. It added that the firm has steady double-digit growth but limited room for a surprise going ahead.
Jefferies on Nestle: The brokerage has a 'hold' rating on the stock with a target at Rs 19,000 per share. A higher tax rate led to near-flat earnings and caused an earnings miss, it noted.
Jefferies on Nestle: The brokerage has a 'hold' rating on the stock with a target at Rs 19,000 per share. A higher tax rate led to near-flat earnings and caused an earnings miss, it noted.

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