Pending — not yet graded
Maintains a 'buy' rating on HDFC Bank with a price target of ₹880, indicating a 24% upside potential. Clarity on CEO succession and improved business momentum are expected to be positive for HDFC Bank and could aid a broader re-rating for the banking sector, as HDFC Bank's weakness has been a drag on other banks.

Jefferies Analysis’s track record: 3 graded calls · 95% CI 44–100%

HDFC BankBullishCalled 14 Sep 2026
Verdict:PENDING

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Tracking HDFC Bank since this call

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