Brokerage Reports: 8 Stocks Under Scanner, Mixed Signals for Investors

• Goldman Sachs initiates PhysicsWallah with Neutral, target ₹135; Jefferies maintains Buy on Cholamandalam Investment, target ₹1,980, dismissing allegations.
• Nuvama maintains Buy on Jindal Steel & Power, lowers target to ₹1,264 due to steel prices but expects long-term recovery.
• Investec gives Buy on RBL Bank, target ₹430, citing debt repayment and loan growth potential.
• HSBC, Macquarie, Citi positive on Ambuja Cement (targets ₹700, ₹608, ₹625) due to merger benefits; Jefferies initiates Buy on Pine Labs, target ₹300.
• Nuvama gives Buy on Knowledge Marine, target ₹2,500; Investec gives Reduce on LG Electronics, target ₹1,536; CLSA warns Coforge fund-raising could cause short-term volatility despite Outperform rating.

Why It Matters: Brokerage reports offer varied outlooks on 8 stocks, highlighting opportunities and risks for investors.