WESTLIFE.NSE

Westlife Foodworld Ltd.

Westlife shares have surged 6% in the past week, with analysts pointing to further upside.

Mumbai: JP Morgan has set a target of 26,500 on the Nifty by December, and has an 'overweight' rating on financials, consumer staples, consumer discretionary, healthcare and real estate sectors. The target implies an upside of 15.5% over the index's Tuesday closing of 22,945.Some of its top picks include Devyani International, Sapphire Foods, Westlife Development, Varun Beverages, Zomato, M&M, TVS Motor, Kotak Bank, ICICI Bank, Bajaj Finance, HDFC AMC, KFin Technologies, LIC Housing Finance, Shriram Finance, SBI Life Insurance, HDFC Life Insurance, ICICI Lombard General, Mankind Pharma, Max Healthcare, Rainbow Children's Medicare, Fortis Healthcare, DLF, Godrej Properties and Oberoi Realty.118371039The brokerage warns of further corporate earnings downgrades."Despite recent earnings downgrades, consensus expectations for CY25/26 earnings are still elevated and ripe for further downgrades; specifically in Energy, Materials, Industrials and passenger vehicle plays," it said. Its most optimistic target on the Nifty is 30,000 and the least one is 21,000.