BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
JP Morgan downgrades ICICI Bank to neutral
JP Morgan has downgraded ICICI Bank to "neutral" from "outperform" earlier. Long term value still exists in ICICI Bank. Recovery of non-performing assets could be long. Upside is capped but downside protected by stressed asset disclosures.