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These are Friday's biggest brokerage calls: Tata Motors, Kotak Mahindra Bank and more

Updated : 2020-01-31 08:27:47

The Indian market is likely to open in the green on Friday following Asian markets that are attempting to rally after a gut-wrenching week. However, factors like increasing worries over coronavirus after WHO declared it a global emergency, as well as investors trading cautiously ahead of the Union Budget due on Saturday, may weigh on the market. Among brokerages, Morgan Stanley is 'equal-weight' on Tata Motors post its Q3 earnings, while Nomura and UBS are 'neutral' on Kotak Bank. Here are the top brokerage calls of the day:

 Morgan Stanley on Tata Motors:  The brokerage has an 'equal-weight' rating on the stock with a target at Rs 155 per share. Morgan Stanley added that it is awaiting concrete signs of a pick-up in demand in key end markets.
Morgan Stanley on Tata Motors: The brokerage has an 'equal-weight' rating on the stock with a target at Rs 155 per share. Morgan Stanley added that it is awaiting concrete signs of a pick-up in demand in key end markets.
 Nomura on Kotak Bank:  The brokerage maintains a 'neutral' call on the stock with a target at Rs 1,600 per share. Issue of promoters' shareholding being settled is near-term positive for the stock, it added.
Nomura on Kotak Bank: The brokerage maintains a 'neutral' call on the stock with a target at Rs 1,600 per share. Issue of promoters' shareholding being settled is near-term positive for the stock, it added.
 UBS on Kotak Bank:  The brokerage maintains a 'neutral' rating on the stock with a target at Rs 1,750 per share. It added that uncertainty over the promoter stake has been removed and that it is a positive development.
UBS on Kotak Bank: The brokerage maintains a 'neutral' rating on the stock with a target at Rs 1,750 per share. It added that uncertainty over the promoter stake has been removed and that it is a positive development.
 Morgan Stanley on MCX:  The brokerage is 'overweight' on the stock with a target at Rs 1,600 per share. It added that profit is 15 percent above estimate owing to a much lower tax rate.
Morgan Stanley on MCX: The brokerage is 'overweight' on the stock with a target at Rs 1,600 per share. It added that profit is 15 percent above estimate owing to a much lower tax rate.
 Morgan Stanley on Bharti Infratel:  The brokerage is 'underweight' on the stock with a target at Rs 227 per share.
Morgan Stanley on Bharti Infratel: The brokerage is 'underweight' on the stock with a target at Rs 227 per share.
 Morgan Stanley on LIC Housing:  The brokerage is 'overweight' on the stock with a target at Rs 440 per share. Deteriorating asset quality remains key concern, it added.
Morgan Stanley on LIC Housing: The brokerage is 'overweight' on the stock with a target at Rs 440 per share. Deteriorating asset quality remains key concern, it added.
 Morgan Stanley on Bajaj Auto:  The brokerage is 'equal-weight' on the stock with a target at Rs 3,039 per share. Margin has improved driven by price hikes and better currency realisation, it added.
Morgan Stanley on Bajaj Auto: The brokerage is 'equal-weight' on the stock with a target at Rs 3,039 per share. Margin has improved driven by price hikes and better currency realisation, it added.
 Credit Suisse on Dabur:  The brokerage maintains 'outperform' rating on the stock with the target raised to Rs 540 per share from Rs 520 earlier.
Credit Suisse on Dabur: The brokerage maintains 'outperform' rating on the stock with the target raised to Rs 540 per share from Rs 520 earlier.
 Credit Suisse on LIC Housing:  The brokerage has an 'outperform' rating on the stock with target raised to Rs 500 per share from Rs 450 earlier. Despite asset quality stress, valuation is supportive, it added.
Credit Suisse on LIC Housing: The brokerage has an 'outperform' rating on the stock with target raised to Rs 500 per share from Rs 450 earlier. Despite asset quality stress, valuation is supportive, it added.
 Credit Suisse on TTK Prestige:  The brokerage maintains 'underperform' on the stock with target cut to Rs 5,540 per share from Rs 5,700 earlier.
Credit Suisse on TTK Prestige: The brokerage maintains 'underperform' on the stock with target cut to Rs 5,540 per share from Rs 5,700 earlier.
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