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Fortis, IEX, Avenue Supermarts and more: Friday's top brokerage calls
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Fortis, IEX, Avenue Supermarts and more: Friday's top brokerage calls
Jun 8, 2023 11:15 PM

Fortis | Goldman Sachs has maintained a 'buy' rating on Fortis with a target of Rs 325 per share. It says that Fortis will be the primary vehicle for India growth and the company is exploring potential acquisitions, divestment, capital raise.

IEX | Antique has downgraded its rating on IEX to 'sell' with a target of Rs 105 per share. It says that spot market prices will be higher than bilateral prices unlike before.

Avenue Supermarts | MOFSL has maintained a 'buy' rating on Avenue Supermarts with a target of Rs 4,200 per share. It says that it is well-placed for earnings revival.

Life insurance companies | Macquarie has downgraded its rating from 'neutral' to 'outperform' for HDFC Life, ICICI Prudential Life and SBI Life.It says that unless growth picks up meaningfully, sector performance will lag.

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