HDFC Bank Brokerages Retain Bullish Ratings Despite Target Cuts
JPMorgan and Citi cut their price targets after HDFC Bank’s Q2 FY27 results while retaining bullish ratings. Bernstein sees 58% potential upside.
HDFC Bank stock remains a favoured pick among several major brokerages despite concerns over weak earnings growth and pressure on net interest margins following its Q2 FY27 results. JPMorgan and Citi have cut their target prices while retaining bullish ratings, whereas Bernstein sees a potential up…