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Here are brokerage firms views on 7 stocks.
Cement Sector
Morgan Stanley downgraded ACC and Ambuja to underweight and says JK Lakshmi is a preferred midcap play.
It says UltraTech is top pick in the sector and turned overweight from underweight on Shree Cement.
Aurobindo Pharma
Credit Suisse says peak profit contribution from Dolutegravir (DTG) is likely to be USD 10 million. The company added USD 450 million in market cap on the DTG approval. Even after including combination nod, DTG sales could be USD 200-250 million by 2020.
Maruti
Deutsche Bank maintains hold call with a target of Rs 4350 per share as dealers indicate strong start to festive season. It says in a bull case scenario it would derive a target of Rs 6160 per share and in a bear case it would derive a target of Rs 3870 per share. It maintains cautious stance due to forex and valuations.
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