Pending — not yet graded
“Initiated coverage on HDFC Bank with a 'Buy' rating and a target price of Rs 861, citing compelling valuations and an expected core-PPOP inflection driven by margins and operating leverage, despite anticipating further downside earnings revisions. The bank's attractive valuation post-correction makes it a strong buy.”
Goldman Sachs Analysis’s track record: 3 graded calls · 95% CI 21–94%
HDFC BankBullishCalled 14 Sep 2026
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