Brokerage Calls: Axis Bank, ICICI Pru AMC, JSW Energy, Paytm, Adani Green, UltraTech in Focus
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CNBC Awaaz27-01-2026, 09:27

Brokerage Calls: Axis Bank, ICICI Pru AMC, JSW Energy, Paytm, Adani Green, UltraTech in Focus

  • Citi upgrades Axis Bank to 'Buy' with a target of ₹1,436, citing strong core earnings and stable slippages.
  • Morgan Stanley initiates 'Overweight' on ICICI Prudential AMC, projecting industry-leading profit growth.
  • Jefferies maintains 'Buy' on JSW Energy, Paytm, and Adani Green Energy despite revised EBITDA estimates and target price adjustments.
  • CLSA gives 'High Conviction Outperform' to UltraTech Cement, increasing target to ₹14,500 on strong Q3 growth and profitability.
  • Brokerage houses have revised ratings and target prices for several major stocks based on recent quarterly results and outlooks.

Why It Matters: Brokerages recommend 'Buy' on Axis Bank, ICICI Pru AMC, JSW Energy, Paytm, Adani Green, and UltraTech Cement.

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