Prabhudas Lilladher has upgraded Canara Bank to Accumulate from Hold, trimming its target price to Rs 150 from Rs 160 while the stock was at a CMP of Rs 129 at the time of the report.
Canara Bank has delivered a notable outperformance in Q4FY25, driven by robust treasury income, recoveries from written-off accounts, and a reversal of provisions.
Market expert Mitesh Thakkar has suggested two BUY Calls and two SELL Calls for today's trading session. Indian markets are expected to open strong today.