HDFC Bank500180Banking
Bernstein raised target price on HDFC Bank shares after new MD and CEO appointment
- Old target price
- Rs 880 a share
- New target price
- Rs 1150 a share
Heard on business television between 13:11:55 - 13:14:55 IST.
- Bernstein increased target price from Rs 880 to about Rs 1150 per share.
- The appointment of the new MD and CEO removes the key overhang surrounding leadership succession.
- Analyst noted it brings an external perspective at a critical time for the bank.
- Commentator said the real test now is what the new CEO does with that runway.
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Source: Live TV News Channel · 5 Oct 2026
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