JM Financial trims HDFC Bank target to Rs 800 — Will retail deposit strain and agri stress stall the rally?
- Posted on August 25, 2026
- By Financial Express
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- 1 min read
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JM Financial trims HDFC Bank target to Rs 800 — Will retail deposit strain and agri stress stall the rally?
JM Financial cuts HDFC Bank target price to Rs 800 from Rs 900 but retains an ‘Add’ rating. Here’s what the brokerage says about deposits, margins, agriculture stress and asset quality.