Broker call▲ Bullish for HDFC Bank
HDFC Bank share price targets: What Jefferies, Nomura, Morgan Stanley say as Anup Bagchi named CEO
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HDFC Bank leadership change and stock outlook
HDFC Bank shares fell 27% year to date amid slowing growth, record-low margins and succession uncertainty; Anup Bagchi was appointed CEO. Jefferies named the bank its top pick, citing 22% upside, and brokerages said the appointment removes a key overhang and supports a re-rating.
Monday, 5 October
- HDFC Bank share price targets: What Jefferies, Nomura, Morgan Stanley say as Anup Bagchi named CEO