homephotos Newsmarket Newsstocks NewsFriday's top brokerage calls: Nestle, HCL Tech, Cyient and more

Friday's top brokerage calls: Nestle, HCL Tech, Cyient and more

SUMMARY

Jefferies has a 'buy' call on HCL Tech, saying the IT firm's growth guidance for FY23 is the key positive from Q4 results. Brokerage Radar: Morgan Stanley says the margin pressure from inflation poses a headwind for Nestle India. It maintains its 'overweight' rating on ICICI Lombard General Insurance Company. Here are the top brokerage calls for this morning -

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By CNBCTV18.com Apr 22, 2022 8:23:59 AM IST (Published)

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Morgan Stanley on ICICI Lombard, ICICI Lombard General Insurance Company, share price, stock market india
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Morgan Stanley on ICICI Lombard | The company looks to balance topline growth, market share and return on equity, according to Morgan Stanley. The brokerage has maintained its 'overweight' rating on the stock with a target price of Rs 1,700.

Morgan Stanley on Cyient, brokerage calls, brokerage radar, stock market india
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Morgan Stanley on Cyient | Select verticals are driving growth and supply-side challenges pose a risk to Cyient's guidance, according to Morgan Stanley. The brokerage has retained its 'underweight' rating on the stock.

Jefferies on Nestle India, nestle india, share price, stock market, brokerage calls, brokerage radar
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Jefferies on Nestle India | Despite price hikes, the earnings outlook for Nestle India is weak in the near term, according to Jefferies, which has maintained its 'hold' rating on the stock.

Morgan Stanley on Nestle, share price, stock market india
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Morgan Stanley on Nestle | The company witnessed weak growth in its largest category, according to Morgan Stanley. The brokerage also says the margin pressure from inflation poses headwinds.

Jefferies on HCL Technologies, HCL Tech, stock price, share price, brokerage calls, nse, bse, nifty, sensex
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Jefferies on HCL Technologies | The brokerage firm has cut EPS estimates to 6-7 percent on higher tax rates and margin guidance. HCL Technologies' growth guidance for FY23 of 12-14 percent was the key positive from Q4, the brokerage adds.

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