Whalesbook
International brokerage UBS has upgraded Axis Bank to 'Buy' with a price target of ₹1,500, implying a 17% upside. UBS cited easing liability pressure, stabilising asset quality, and supportive sector liquidity as key drivers. The bank is seen trading at an attractive valuation discount, with expectations of loan growth acceleration, margin improvement, and controlled credit costs paving the way for a stock re-rating.