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Brokerages stock recommendation: As Dalal Street enters the May 30 session, brokerages have several stocks on their radar. Here's what Jefferies, UBS, Morgan Stanley, Macquarie, Nomura, Citi, CLSA, JPMorgan, Goldman Sachs, and HSBC make of stocks such as Tata Steel, Cummins, Samvardhana Motherson, Alkem Labs, and Prestige Estates:
Jefferies has maintained a 'buy' call on the Tata Steel stock with a target of Rs 200.
Morgan Stanley has maintained an 'equal-weight' rating on Tata Steel shares with a target of Rs 135.
Macquarie has maintained an 'outperform' rating on Cummins India shares with a target of Rs 3,600.
Nomura has maintained a 'neutral' rating on the Cummins India stock with a target of Rs 3,040.
Two brokerages, CLSA and Citi have a 'sell' call on Samvardhana Motherson International shares with a target of Rs 130 and Rs 85 respectively. On the other side, Jefferies and Nomura have maintained a 'buy' call on the stock with a target of Rs 175 and Rs 165, respectively.
JPMorgan has maintained an 'overweight' rating on Samvardhana Motherson shares with a target of Rs 165.
Jefferies has maintained a 'buy' call on GMR Airports Infrastructure shares with a target of Rs 100.
UBS has maintained a 'buy' call on CG Power & Industrial Solutions shares with a target of Rs 850.
Two brokerages, Jefferies and Macquarie have maintained an 'underperform' rating on Alkem Laboratories shares with a target of Rs 4,200 and Rs 4,500 respectively.
JPMorgan has maintained a 'neutral' rating on the Alkem Labs stock with a target of Rs 5,445, while HSBC has maintained a 'hold' call on the stock with a target of Rs 4,880.
Citi has maintained a 'buy' call on RR Kabel shares with a target of Rs 2,043.
Jefferies has maintained an 'underperform' rating on the Prestige Estates Projects shares with a target of Rs 1,215, while Morgan Stanley has maintained an 'overweight' rating on the stock with a target of Rs 1,400.
CLSA and Citi have maintained a 'buy' call on the Prestige Estates stock with a target of Rs 1,875 and Rs 1,841 respectively.
Nomura has a 'buy' call on Eureka Forbes shares with a target of Rs 534.
Two brokerages, Jefferies and Goldman Sachs have maintained a 'buy' call on Emami shares with a target of Rs 630 and Rs 640 respectively, while HSBC has maintained a 'hold' call on the stock with a target of Rs 510.
Goldman Sachs has maintained a 'sell' call on SJVN shares with a target of Rs 75.