US Stock Reports, Quotes and News
The global brokerage firm UBS upgraded Voltas\’ rating from \’Neutral\’ to \’Buy\’, raising the target price to Rs 1800 from Rs 885 previously. This adjustment suggests an upside potential of 38% from the previous close of Rs 1300.
Aditya Arora of Adlytick recommends defensive stock picks like Lupin and Voltas. With the market rebounding from key levels, he says the focus should be on theme-specific smallcaps/midcaps. It is time to be cautious as we are seeing adecline in global tech stocks. Arora says it time to be bullish on sugar and metals.