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Monday's top brokerage calls: HCL Tech, HDFC Bank and more

SUMMARY

Among brokerages, CLSA and Credit Suisse are bullish on HCL Tech after the December quarter earnings while CS has an 'outperform' rating on HDFC Bank. Here are the top brokerage calls for today:

By CNBCTV18.com Jan 18, 2021 9:02:26 AM IST (Published)


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Credit Suisse on HCL Tech: The brokerage has an 'outperform' call on the stock and raised the target to Rs 1,325 per share. The brokerage said that the outlook on the demand environment remains positive and sees scope for further re-rating.

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CLSA on HCL Tech: The brokerage has a 'buy' rating on the stock and raised the target to Rs 1,180 per share from Rs 1,120 earlier. It added that the company is its top pick in the sector.

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