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

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CNBC Awaaz•27-01-2026, 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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