Morningstar has issued a HOLD recommendation on Merck & Co. Inc., maintaining a fair value estimate of $120, with the stock currently trading at $105.88.

Morningstar has set a fair value estimate of $125 per share for Mercedes-Benz Group AG (MBGAF), while the current trading price of $63.10 reflects a 50% discount to this valuation.

Indian markets were trading firm on Monday and NSE Nifty is currently above major resistance levels at 24,430.

Prabhudas Lilladher has reaffirmed its BUY rating on DCB Bank, setting a target price of Rs 155, representing a 33% upside from the current price of Rs 116.

Prabhudas Lilladher has upgraded Cyient to a BUY with a target price of Rs 2,120, representing a 19% upside from the current price of Rs 1,778.

Prabhudas Lilladher has issued a BUY rating on R R Kabel, setting a target price of Rs 2,151, indicating a potential upside of over 40% from the current market price of Rs 1,505.