LG Electronics 'Reduce' Amid Diverse Brokerage Calls on 8 Stocks

• Kotak recommends 'Reduce' for LG Electronics (target ₹1,600) due to fair valuation despite growth potential.
• Jefferies maintains 'Buy' on JSW Steel (₹1,300) and Tata Steel (₹200), anticipating recovery from low Asian steel spreads and potential safeguard duties.
• Coforge sees divergent views: HSBC 'Hold' (₹2,025) on deal focus, Nomura 'Buy' (₹2,000) on solution-led approach and AI.
• IndiGo (InterGlobe Aviation) receives 'Buy' from HSBC (₹5,977) and 'Overweight' from Morgan Stanley (₹6,540), despite short-term operational issues, due to strong fundamentals.
• Goldman Sachs rates Nestle India 'Neutral' (₹1,230) due to expensive valuations, while UBS gives Siemens a 'Strong Buy' (₹4,200) citing attractive valuations post-demerger.

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