Analysts believe that HDFC Bank's near-term performance may be impacted by factors such as lower starting point of HDFC Limited's network and margin drag due to liquidity build-up before the merger. However, they still have confidence in the bank's long-term growth and asset quality. The stock is expected to underperform in the near-term, but analysts recommend taking a medium-term view of 18 to 24 months, as the bank is considered to be at an attractive price. The target price for the stock is Rs 1,850, and no significant changes have been made to EPS estimates.