homemarket Newsstocks NewsStandout Brokerage Report: MOFSL & Haitong initiate coverages on these stocks

Standout Brokerage Report: MOFSL & Haitong initiate coverages on these stocks

Motilal Oswal Financial Services Ltd (MOFSL) is bullish on Westlife Development. Haitong Securities has initiated coverage on Gland Pharma with a ‘neutral’ rating and a target price of Rs 2,790. CNBC-TV18’s Nimesh Shah has more details.

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By Nimesh Shah  Dec 23, 2020 10:12:28 AM IST (Updated)

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Motilal Oswal Financial Services Ltd (MOFSL) is bullish on Westlife Development. The brokerage firm has initiated coverage on the stock with a ‘neutral’ rating and a target price of Rs 440. With a three-year perspective, Motilal Oswal sees a target price of Rs 800 on the stock.

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Haitong Securities has initiated coverage on Gland Pharma with a ‘neutral’ rating and a target price of Rs 2,790. The brokerage house believes double-digit growth is possible for the pharma company.
CNBC-TV18’s Nimesh Shah has more details.
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