Stocks to buy today: Citi sees 35% upside in Federal Bank; InCred downgrades SBI

Brokerages have varied views on key Indian stocks for the next 12 months. InCred downgraded SBI to 'Hold,' citing concerns over moderating RoA and non-core income sustainability. Citi reaffirmed a 'Buy' on Federal Bank, driven by the new CEO's strategy. Citi also remains bullish on IndiGo, raising its target price, driven by strong market share and higher air traffic demand.