Mumbai:Global brokerage Bernstein has gone bullish on Adani Group over robust execution and a healthy balance sheet, hailing its ability to execute at scale against competition while expressing comfort on debt levels as well as promoter holding and share pledge metrics. On valuations, the brokerage noted that some names remain in line with peers, suggesting selective opportunities still exist within the portfolio. On Adani Ports, Bernstein maintained an Outperform rating with a target price of Rs 1,880, noting that the company has strong pricing power, significant room to expand in the value chain, and competes primarily against government-run ports that are structurally less efficient.