Broker raises target prices on major banks as credit growth improves
Broker raises target prices on ICICI Bank, SBI, HDFC Bank, DCB, and SIB as credit growth strengthens. Analysts expect 8-10% YoY credit growth to support asset quality and profitability in the sector. This could lead to re-rating for large private and public sector banks. Upgrades reflect improved confidence in lending momentum and NII outlook.
📊 STOCKS: $ICICIBANK $SBIN $HDFCBANK $DCBBANK $SOUTHBANK | 🏢 SECTOR: Banking | #MEDIUMIMPACT #Banking
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