Jefferies downgrades Zomato to 'Hold' on competition fears; discover what's driving this change and how it affects investors.

Jefferies downgraded Indian food delivery firm Zomato Ltd (NS:ZOMT) on Monday, stating that the stock was likely to see a year of consolidation after strong gains in 2024 due to heightened competition ...

Zomato receives positive outlook from analysts, maintaining "Overweight" rating with target price of 355, despite recent ...

Zomato’s shares dropped 5% after Jefferies downgraded the stock to ’Hold’ and cut its target price by 18%. The downgrade ...

Food delivery aggregator Zomato Ltd.'s shares were downgraded by Jefferies to 'hold' as it revised the target lower, citing ...

Global brokerage firm Jefferies has downgraded Zomato's shares to 'hold' as it revised the target lower, citing increasing co ...

Jefferies revised its target price for Zomato shares to Rs 275, down from Rs 335, indicating just a 1% upside from the ...

The global brokerage firm revised the target lower, citing increasing competition as a threat to the online food aggregator’s ...

Zomato's stock price was down 4.19% to Rs 253.75 on the Bombay Stock Exchange (BSE). Earlier, the shares of Zomato hit an ...

After Zomato’s shares more than doubled in value in 2024, analysts at Jefferies predict that 2025 could be a breather year, with the stock likely shifting gears into a phase of price consolidation.

Including today's decline, Zomato shares have tumbled 14.2 per cent over the past four sessions. The stock has cracked 19.7 ...

Jefferies believes that Zomato's valuations are not "excessively expensive" in the context of the strong execution and ...