Brokerage firm Citigroup downgraded RIL to neutral after Q3 results, but raised the target price to Rs 2910. BofA Securities maintained a buy on UltraTech Cements with a target of Rs 10,000. Morgan Stanley remained underweight on RBL Bank with a target of Rs 250, while also maintaining an Equal Weight rating on HUL with a revised target of Rs 2464. The Q3 numbers for RIL were largely in line with estimates, while volume outlook post Q3 affected UltraTech Cements’ estimates. RBL Bank’s asset quality remained healthy, and HUL’s volume growth remained weak at 2%.