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CLSA upgraded IDFC FIRST Bank to outperform from hold. Investec gave the bank the highest price target. Morgan Stanley raised its target price to ₹75, and Nomura raised its target after the June-quarter results.

2 reports, 2 independent Updated Jul 28
Gone quiet Reached 2 outlets in its first 24 hours
Reports
2
Developments
2
Repetition
0%

New informationRepeats or wire copies

AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 2 outlets

CLSA upgraded IDFC FIRST Bank to outperform from hold. Investec gave the bank the highest price target. Morgan Stanley raised its target price to ₹75, and Nomura raised its target after the June-quarter results.

Who's involved

What this event is mainly about
IDFC FIRST BankCLSAInvestecMorgan StanleyNomura

How it developed

Newest first. Tap a step to see who reported it.
  1. Nuvama upgraded IDFC FIRST Bank due to improving fundamentals.1 source
  2. Analyst houses CLSA, Investec, Morgan Stanley, and Nomura issued rating and price target upgrades for IDFC FIRST Bank.1 source

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Coverage

Newest first; wire copies grouped
  • livemint.comIDFC First Bank shares extend post-Q1FY27 results rally. Will it climb to a new 52-week high? | Stock Market News
  • thehindubusinessline.comIDFC First Bank shares jump 10% to 52-week high after Q1 profit growth