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    Wednesday's top brokerage calls: HDFC, ITC and more

    Wednesday's top brokerage calls: HDFC, ITC and more

    Wednesday's top brokerage calls: HDFC, ITC and more
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    By CNBC-TV18  IST (Published)

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    SUMMARY

    Among brokerages, CLSA has raised the target price on HDFC, while Credit Suisse has upgraded ITC to 'Outperform' from a 'Neutral' rating. Here are the top brokerage calls for today:

    1 / 6

    CLSA on HDFC | CLSA maintained an 'Outperform' rating on HDFC and raised the target price to Rs 2,500 per share from Rs 2,300 earlier.

    2 / 6

    CLSA on ZEE Enterprises | CLSA notes that ad spending and viewership have seen a rebound and the stock offers value at current levels.

    3 / 6

    Credit Suisse on ITC | The brokerage has upgraded ITC to 'Outperform' from 'Neutral' rating and raised the target price to Rs 255 per share from Rs 200 earlier.

    4 / 6

    Morgan Stanley on JSW Steel | The brokerage believes that the company's sales guidance of 15 mt in FY21 is achievable but expects the share of exports to come down further.

    5 / 6

    Credit Suisse on Steel | Tata Steel is Credit Suisse's preferred pick in the steel space.

    6 / 6

    Morgan Stanley on Auto | The brokerage notes that the planned PLI scheme for autos will reportedly offer export incentives to large exporters. It says Bajaj Auto, TVS Motors and Bharat Forge could benefit from export incentives.

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