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Buy Hindustan Unilever, target price Rs 2,870: JM Financial

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JM Financial recommends buying Hindustan Unilever with a target price of Rs 2870. The current price is Rs 2479. Hindustan Unilever is a large FMCG company. The company reported income growth and profit for the recent quarter. The focus is on portfolio transformation through premiumisation and market development to drive future growth.