{
  "id": 14132249,
  "title": "ICICI Prudential AMC shares rise 2% as Jefferies, other brokerages revise target prices after Q2 results. Should you buy?",
  "url": "https://urgent.news/2026/10/13/icici-prudential-amc-shares-rise-2-as-jefferies-other-brokerages",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-13T04:18:57.000Z",
  "source": {
    "name": "The Economic Times - Top News",
    "slug": "the-economic-times-top-news",
    "url": "https://economictimes.indiatimes.com/markets/stocks/news/icici-prudential-amc-shares-rise-2-as-jefferies-other-brokerages-revise-target-prices-after-q2-results-should-you-buy/articleshow/134907852.cms"
  },
  "original_language": "en",
  "account": "ICICI Prudential Asset Management Company's shares rose 2% on Tuesday following the company's Q2 results, which showed a 6% YoY increase in net profit to Rs 889 crore. Brokerages, including Jefferies, maintained their \"Buy\" calls and revised target prices for the stock. Jefferies upgraded its target price to Rs 3,760 from Rs 3,600, implying a 24% upside potential. JM Financial maintained its \"Add\" rating but lowered the target price to Rs 3,350, suggesting a 13% upside. Emkay kept its \"Buy\" recommendation with a target price of Rs 3,800, indicating around 28% upside potential. Centrum maintained its \"Buy\" call with a target price of Rs 3,845, projecting a 30% upside. Despite the positive outlook, ICICI Prudential AMC shares have fallen over 3% in a week and more than 2% in a month, but overall, the stock has gained more than 13% from its IPO listing price.",
  "summary": "ICICI Prudential AMC shares rose 2% after reporting a 6% YoY net profit rise to Rs 889 crore in Q2 FY27. Major brokerages including Jefferies, Emkay, and Centrum retained positive ratings with revised target prices offering up to 30% upside potential, while a Rs 30 dividend was declared.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}