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CITIGROUP STOCK 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: Brokerages on Zydus Life, PB Fintech, GAIL India and Bharat ElectronicsGovt has kept prices unchanged at $8.6/mmbtu for now. Continued delay could create a near-term overhang for the city gas distribution (CGD)...
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 cuts rating on Mindtree, says positives are priced in“We revise our target multiple to 18 times (versus 17 times earlier) given business stability post the new CEO coming in but downgrade to s...
Analyst Calls: Marico, MOIL, SBI, Castrol IndiaEmkay Global has maintained hold rating on MOIL and reduced target price to Rs 158 from Rs 163.
5 stocks where global brokerages have cut ratings post Q1 earningsThe next big trigger for the market could be September quarter results. But Q1 data suggests more downgrades than upgrades for the rest of ...
Time to sell? Top 5 stocks which global brokerage firms downgraded this weekBrokerage firms such as Citigroup and CLSA in separate notes downgraded Nestle, Bajaj Finance, Wipro, LIC Housing Finance and Idea Cellular...
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 & Toubro
Barclays has downgraded the stock to 'Equal-weight' from 'Overweight' and has cut its target price to Rs 1,750 from Rs 1,851.
L&T the star performer of 2012 is losing sheen, why?Several brokerage houses, including Citigroup, Barclays, Nomura and ICICI Securities, have raised concerns over L&T's future growth prospec...
- Citi downgrades Sintex to ‘sell’ , cuts target price to Rs 52
With a sharp overshoot in capex in FY12 and deterioration in working capital, Citigroup thesis has been invalidated and, hence, it has down...
Moody's may downgrade Bank of America, Citi, Wells FargoThe banks are considered by investors to be too big to fail after receiving government aid in 2008 to bolster the financial system.
- Rating downgrades send Maruti crashing 12%
Shares of Maruti Suzuki led the benchmark indices lower on Monday after the company’s step to increase royalty and technology fees to its J...
- Andhra Bank a buy post Q3: Brokerages
Public sector Andhra Bank has been rated as a ‘buy’ by brokerages Citigroup and Ambit Capital, post its better-than-expected third quarter ...