How to trade Bandhan Bank shares after Q4 earnings? Here’s what brokerages say

Bandhan Bank’s Q4FY23 showed improved asset quality leading several top brokerages to maintain their buy rating and forecasting short-term upside. Jefferies has kept its buy rating on the stock with a target price of Rs 340, while Kotak Institutional Equities has raised its target to Rs 280. Bank of America has a neutral stance with a target price of Rs 280, and Motilal Oswal reiterated their neutral rating with a target price of Rs 265. HDFC Securities has suggested adding the stock, with a revised target price of Rs 270.