Brokerage Insights: Dixon Target Cut, Shriram Upgraded, Titan Bullish, Home Textile Mixed Outlook

• CLSA maintains 'Outperform' on Dixon Technologies but cuts target to ₹15,800 due to smartphone slowdown, client market share decline, and flat Q3 revenue expectations.
• Morgan Stanley gives 'Overweight' on Shriram Finance (target ₹925) after CARE Ratings upgraded its credit rating to AAA, potentially lowering borrowing costs and boosting growth.
• Morgan Stanley (target ₹4,062) and Nuvama (target ₹4,672) are bullish on Titan, citing Tanishq's Diamond Expertise Centre and the new 'beYon store' for lab-grown diamonds.
• Avendus sees near-term pressure on the home textile sector due to US import decline but considers it cyclical; recommends 'Buy' on Indo Count (target ₹348) and 'Reduce' on Welspun Living (target ₹135).
• Brokerage reports offer varied outlooks: caution on Dixon's near-term, strong confidence in Shriram and Titan, and a mixed view on home textiles.

Why It Matters: Brokerage reports offer diverse views, highlighting opportunities in Shriram, Titan, and caution for Dixon.