Whalesbook
Jefferies maintains a 'Buy' rating on ICICI Bank, setting a target price of Rs 1760, which implies a 31% upside. The brokerage firm believes concerns about CEO succession are already priced into the stock, highlighting the bank's strong operational track record, profitability, and robust balance sheet. Despite recent underperformance, ICICI Bank's financial health remains strong, with attractive valuations offering significant room for re-rating compared to its peers.