Macquarie Sees Re-Rating Trigger In CEO Succession For HDFC Bank, Keeps Rs 1,150 Target
HDFC Bank shares will remain in focus as the RBI considers the bank’s next MD and CEO. Macquarie has retained its Outperform rating and Rs 1,150 target price, while the succession process gains significance for investor sentiment after Sashidhar Jagdishan decided not to seek a second term.
