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Berstein looking at the prospects of housing and finance stocks in the country after the RBI has resorted to back-to-back rate cuts, has initiated coverage on housing stocks. The global brokerage's preferred picks from the space are Aadhar Housing, Aptus Value and Home First Finance. 

For each of these stocks, the brokerage has initiated its coverage with 'outperform' call. 

The brokerage has initiated the call with the target at Rs 550. The brokerage said that the company is the largest and most geographically diversified player; to grow AUM at 20 per cent CAGR.

The brokerage initiated coverage on the stock with 'outperform' and target at Rs 400. The brokerage likes the stock on its fair valuation. Also, the higher share of fixed-rate loans & small business lending positions augur well for the company in a falling rate environment. 

Initiating an outperform call with the target at Rs 1,650 per share. The company demonstrated ability to consistently replicate its operating model across multiple states. Also, it benefits from its smaller size, faster growth, and superior productivity metrics.  The company is said to have a greater flexibility to sustain profitability compared to peers. 

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