HSBC Upgrades Bank of Baroda to Buy After Q2 Results
Several brokerages revised earnings estimates and reassessed the bank’s growth outlook after its second-quarter performance; HSBC upgraded the stock to Buy.
Bank of Baroda's better-than-expected second-quarter performance has prompted several brokerages to revise their earnings estimates and reassess the state-owned lender's growth outlook, with HSBC upgrading its rating on the stock to Buy from its earlier stance.Brokerages highlighted the bank's lowe…