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CITIGROUP DOWNGRADE
US stocks today: HSBC turns bullish on US equities citing earnings momentumHSBC upgraded U.S. equities to "overweight" from "neutral," citing strong earnings momentum and easing geopolitical risks. The brokerage al...- India tech giants struggle to shake off $115 billion routIndia's top software exporters are facing investor concerns over growth, with Infosys and HCL Technologies reporting results below expectat...
- Dr Reddy’s shares fall 2% after Goldman Sachs downgrades, Citi turns cautiousDr Reddy’s shares fell after Goldman Sachs and Citigroup turned cautious, citing limited growth visibility, pipeline concerns and valuation...
- Global Markets | Asian stocks track US rally on Iran peace pushAsian markets opened higher, mirroring Wall Street's positive trend. Hopes for further United States-Iran talks have boosted investor confi...
- European shares edged lower as tech declines outweigh Fed reliefEuropean shares were muted on Thursday, as declines in technology stocks following a weak forecast from U.S. cloud firm Oracle outweighed r...
- Hot Stocks: Brokerage view on RIL, IIFL Finance, MGL and UltraTech CementCitigroup maintains buy rating on UltraTech Cement, downgrades MGL. Jefferies downgrades IIFL Finance, JPMorgan maintains overweight rating...
- Hot Stocks: Citi downgrades RIL post Q3; Morgan Stanley cuts HUL targetCitigroup downgraded RIL post Q3 results but raised the target price to Rs 2910 from Rs 2600 earlier. The Q3 numbers were largely in line w...
- Hot Stocks: Global brokerages on JSW Steel, RIL, Bandhan Bank, SBI Life, HDFC Life post Q3 resultsCitigroup downgraded JSW Steel to a sell rating from neutral post December quarter results with a target price of Rs 675.
- Hot Stocks: Brokerages on L&T, Bharti Airtel, Tata Steel, and Aditya Birla Capital post Q2 resultsCLSA downgraded Tata Steel to sell with a target price of Rs 90 as Q2 results were below estimates.
- Citi downgrades ICICI Securities to 'sell'CLSA has also cut target price on ICICI Securities to Rs 360 from Rs 380.
- Citigroup downgrades Bharti Airtel to 'neutral' from 'buy'However, Citi raised target price on Bharti Airtel to Rs 380 from Rs 365 as it rolled forward the target to FY18 from September 2017.
- Infosys falls nearly 5% on downgrade; m-cap down Rs 10K croreThe company's stock settled 4.70 per cent lower at Rs 3,650.20 on the BSE. During the day, it plunged 4.88 per cent to Rs 3,643.25.
- Infosys slips after Citi downgrades stock ahead of resultsInfosys Ltd plunged as much as 4.88 per cent in trade on Wednesday, after Citigroup downgraded the stock to "neutral" from "buy."
- Broking companies turn bearish on Larsen & ToubroBarclays has downgraded the stock to 'Equal-weight' from 'Overweight' and has cut its target price to Rs 1,750 from Rs 1,851.
- Citi downgrades Sintex to ‘sell’ , cuts target price to Rs 52With a sharp overshoot in capex in FY12 and deterioration in working capital, Citigroup thesis has been invalidated and, hence, it has down...
- Citigroup downgrades SAIL to 'neutral' from 'buy'Citigroup has downgraded SAIL to 'Neutral'. It has the highest iron ore integration (100%) relative to peers and environmental/forest clear...
- Citigroup downgrades Indian Hotels to ‘hold’ from ‘buy’The downgrade is based on lower earnings estimates to take into account the recent terror attacks in Mumbai, which will lead to temporary s...
- Citigroup downgrades Tata Motors risk rating to HighCitigroup Global Markets has downgraded Tata Motors risk rating from Medium to High.
- Citigroup downgrades Reliance Communications to ‘hold’Citigroup has downgraded Reliance Communications to ‘hold’, citing subdued first quarter and falling capital productivity.
- Citi’s logic throws up more questions than answersCitigroup says it isn’t sure how much its subprime-related assets have fallen in value this quarter. Maybe it’s $8 billion. Maybe it’s $11 ...
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