SBI Cards stocks: Hot Stocks: Brokerage view on SBI Cards, Persistent Systems, Karur Vysya Bank and PCBL

SBI Cards stocks: Hot Stocks: Brokerage view on SBI Cards, Persistent Systems, Karur Vysya Bank and PCBL

Brokerage firm Jefferies maintained a buy rating on SBI Cards and Payment Services, JPMorgan downgraded Persistent Systems to underweight, Emkay has a buy rating on Karur Vysya Bank, and ICICIdirect recommends a buy call on PCBL.We have collated a list of recommendations from top brokerage firms from ETNow and other sources:Jefferies on SBI Cards and Payment Services: Buy| Target Rs 1100Jefferies maintained a buy rating on SBI Cards and Payment Services with a target price of Rs 1100. “Industry card spending growth remains healthy despite UPI growth,” it said.“Strong spending and card net adds to the outlook. Credit costs are likely to stay elevated in the near term but should…
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Source: https://economictimes.indiatimes.com/markets/stocks/news/hot-stocks-brokerage-view-on-sbi-cards-persistent-systems-karur-vysya-bank-and-pcbl/articleshow/100981665.cms?from=mdr