homephotos Newsmarket NewsMonday's top brokerage calls: Avenue Supermart and Tata Consultancy Services

Monday's top brokerage calls: Avenue Supermart and Tata Consultancy Services

SUMMARY

Jefferies maintain a 'hold' on the shares of Avenue Supermart with a target price of Rs 3,900, while JPMorgan maintains 'underweight' on the shares of TCS with a target price of Rs 2,800. Here are the top brokerage calls for the day.

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By CNBCTV18.com Jul 11, 2022 8:22:27 AM IST (Published)

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Jefferies, Avenue Supermart, brokerage calls, brokerage radar
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Jefferies on Avenue Supermart | Jefferies maintains a 'hold' on the shares of Avenue Supermart with a target price of Rs 3,900. The brokerage house noted a Q1 EBITDA beat on better gross margin.

MS, Avenue Supermart, brokerage calls, brokerage radar
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MS on Avenue Supermart | Morgan Stanley maintains an 'overweight' on the shares of Avenue Supermart with a target price of Rs 4,322. The brokerage house says that the demand outlook is improving, as normalcy sets in.

Credit Suisse, Tata Consultancy Services, brokerage calls, brokerage radar, TCS
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Credit Suisse on Tata Consultancy Services | Credit Suisse downgraded the rating on the shares of TCS to 'neutral' with a revised target of Rs 3,275. The brokerage firm said that Q1 revenue in-line with miss on margin.

JPMorgan, Tata Consultancy Services, TCS, brokerage calls, brokerage radar
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JPMorgan on Tata Consultancy Services | JPMorgan maintains an 'underweight' on the shares of TCS with a target price of Rs 2,800. The brokerage house says that revenue headwinds in H2 is expected as macro concerns materialise.

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