As Dalal Street enters February 16, here's a look at what brokerages make of some of the key stocks in focus. On their radar are stocks such ONGC, Vodafone Idea, Apollo Hospitals, Bharat Petroleum, Indian Oil and Hero MotoCorp. 

Check out the full list of what top brokerages recommend:

ONGC shares

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ONGC's financial results fell short of CLSA's estimates on account of higher exploration costs and operating expenditure.

Brokerage Rating Target price
CLSA Buy Rs 225
Morgan Stanley Overweight Rs 177
JPMorgan Neutral Rs 165
Citi Upgraded to 'neutral' from 'sell' Raised to Rs 155 from Rs 130

Vodafone Idea shares

Brokerage Rating Target price
CLSA Sell Reduced by Re 1 to Rs 5
JPMorgan Underweight Rs 3
Nomura Reduce Reduced to Rs 5 from Rs 8
Credit Suisse Underperform Reduced to Rs 4.75 from Rs 5

Double whammy for Bharat Petroleum, Indian Oil, Hindustan Petroleum shares

HSBC double downgrades stater-run oil marketing companies Indian Oil, BPCL and HPCL each to 'hold' from 'buy'.

Stock Rating Target price
Indian Oil Double downgrade to 'hold' from 'buy' Reduced to Rs 80 from Rs 123
BPCL Double downgrade to 'hold' from 'buy' Reduced by Rs 170 to Rs 340
HPCL Double downgrade to 'hold' from 'buy' Reduced to Rs 215 from Rs 280

The government has slashed the windfall profit tax levied on domestically produced crude oil, aviation turbine fuel and the export of diesel. (Read more on windfall tax relief)

Apollo Hospitals shares

Goldman Sachs is of the view that the company's hospitals business is doing well as its focus shifts to growth in the pharmacy unit. The brokerage, however, lowered its EBITDA estimates for the company for three years ending March 2025 by 2-11 per cent.  

Brokerage Rating Target price
Jefferies Buy Rs 5,375
Apollo Hospitals Buy Rs 5,420
Goldman Sachs Buy Raised to Rs 5,100 from RS 5,060

PI Industries shares

Morgan Stanley maintains an 'overweight' call on PI Industries with a target price of Rs 3,859 — implying upside potential of 23.6 per cent from Wednesday's closing price.  

Citi retains 'buy' on PI Industries and raises its target for the stock by Rs 75 to Rs 4,225. 

SAIL shares

Citi continues with a 'buy' rating on SAIL with a target price of Rs 100. The company's quarterly performance was better than the brokerage's estimates. 

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