Brokerages Issue Explosive Reports on 11 Stocks: Impact on Prices as Market Opens

• Goldman Sachs downgrades Ola Electric to Neutral, cuts target price to Rs 26 due to slower growth and continuous losses.
• CLSA gives SBI an Outperform rating with a target of Rs 1,275, citing faster industry growth and strong retail loans.
• UBS issues a Buy rating for Poonawalla Fincorp with a target of Rs 640, highlighting strong management and growth in gold loan/LAP.
• HSBC expects slower growth in the tractor industry; maintains Buy on Mahindra & Mahindra (target Rs 4,150) and Hold on Escorts Kubota (target Rs 3,600).
• Mixed views on solar companies post US CVD: Nomura sees limited impact on Waaree Energies, Nuvama rates Waaree as Buy; Premier Energies gets Neutral.