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    Monday’s top brokerage calls: ICICI Bank, HCL Tech, M&M Fin and more

    Monday’s top brokerage calls: ICICI Bank, HCL Tech, M&M Fin and more

    Monday’s top brokerage calls: ICICI Bank, HCL Tech, M&M Fin and more
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    By CNBCTV18.com  IST (Updated)

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    SUMMARY

    Among brokerages, Credit Suisse has increased its EPS estimates for ICICI Bank by 2-3 percent on stronger growth and net interest margins. Here are the top brokerage calls for today:

    1 / 11

    Morgan Stanley on ICICI Bank | The brokerage firm maintains its overweight stance on ICICI Bank with a target price of Rs 850 per share.

    2 / 11

    Credit Suisse on ICICI Bank | The brokerage has increased its EPS estimates by 2-3 percent on stronger growth and net interest margins.

    3 / 11

    JP Morgan on ICICI Bank | JP Morgan maintains an Overweight call on ICICI Bank with a target price of Rs 675 per share. It believes the bank's asset quality delivered a positive print.

    4 / 11

    CLSA on ICICI Bank | CLSA increased its estimates by 4-6 percent factoring in better growth and net interest income.

    5 / 11

    Kotak Institutional Equities on ICICI Bank | The brokerage has a buy call on ICICI Bank and is of the view that there is now a high probability for the return ratios to return to normalcy.

    6 / 11

    HSBC on HCL Technologies | HSBC maintains a buy call on the stock on undemanding valuations.

    7 / 11

    Macquarie on HCL Technologies | Macquarie trimmed its FY22-23 EPS estimates and target by 2 percent on the IT stock.

    8 / 11

    CLSA on HCL Technologies | CLSA reduces its FY22/FY23 EPS forecasts by 3 percent/2 percent. It maintained a buy call on the stock and cut the target price to Rs 1,150 per share from Rs 1,220 earlier.

    9 / 11

    Goldman Sachs on HCL Technologies | The brokerage firm sees potential downside risks to street EPS estimates. It remains neutral on the stock.

    10 / 11

    Kotak Institutional Equities on HCL Technologies | The brokerage is positive on the stock due to consistent wins in integrated deals. It has an add call with a target price of Rs 1,080 per share.

    11 / 11

    Morgan Stanley on M&M Financial Services |  Morgan Stanley maintains an overweight call on the stock and cut the target price to Rs 240 per share from Rs 255 per share.

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