Zomato, Jefferies

Jefferies downgrades Zomato to 'hold'; sees a year of consolidation after multibagger returns in 2024
Jefferies believes aggressive moves by incumbents and entry of new players in the QC space can result in higher discounting which may pose a threat to the company's profits in the medium term.
Morgan Stanley bullish on Zomato, Jefferies downgrades amid market concerns
Zomato receives positive outlook from analysts, maintaining "Overweight" rating with target price of 355, despite recent share tumble.
Zomato shares drop 5% after Jefferies downgrades stock, cuts target price by 18% to ₹275
Zomato's shares dropped 5% after Jefferies downgraded the stock to 'Hold' and cut its target price by 18%. The downgrade cites rising competition and discounting pressures affecting profitability, prompting lower earnings projections for FY25-27.
Zomato share bleeds 5% as Jefferies downgrades to 'Hold', slashes target
Zomato's share price dropped after Jefferies, a financial services firm based in New York, downgraded the stock to 'Hold'
Zomato Share Price Slumps To One-Month Low Post Jefferies Downgrade
Jefferies revised its target price for Zomato shares to Rs 275, down from Rs 335, indicating just a 1% upside from the stock's previous closing price.
Zomato shares fall 5% as Quick Commerce concerns prompt Jefferies downgrade, estimates cut
Jefferies believes that Zomato's valuations are not "excessively expensive" in the context of the strong execution and opportunity. However, the rising competition in the Quick Commerce space worries them.
Zomato share price falls after Jefferies downgrades stock, cuts target price to Rs 275
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 intra-day low of Rs 251.55.
Nestle downgraded to Underperform from Hold at Jefferies
Jefferies downgraded Nestle (NSRGY) to Underperform from Hold with a price target of CHF 67, down from CHF 82. The firm fears late phasing of
Zomato share price: Jefferies' downgrade hangover continues as investors lose Rs 20000 cr in 2 days
Zomato shares cracked another 3% on Wednesday, January 8, extending the previous day's 4.7% decline, following a downgrade by Jefferies from 'BUY' to 'HOLD'. Check target price by Jefferies and Morgan Stanley.
Zomato: Jefferies downgrades to Hold on quick commerce competition concerns
Investing.com-- 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 and slimmer margins.
Zomato Shares Plunge: Why Jefferies Has Cut Price Target for Zomato | Quick Commerce
New Delhi, Jan. 7 -- zomato | zomato share | zomato share price | zomato share news | zomato price target | zomato stock price | stock market updates | share market updates | share market news Food delivery aggregator and Quick Commerce provider,
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Zomato Hovers Around Bear Territory: Will Rising Competition Push It Over the Edge
Foreign brokerage Jefferies also downgraded Zomato’s stock from “buy” to “hold,” citing intensifying competition. They ...
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Zomato Cut To 'Hold' By Jefferies As Quick Commerce Race Poses Threat To Profitability
Food delivery aggregator Zomato Ltd.'s shares were downgraded by Jefferies to 'hold' as it revised the target lower, citing ...
Zomato shares: Jefferies cuts target price; here's why
Anand Rathi believes multiple players can co-exist in the quick commerce space. It initiated coverage on Zomato and Swiggy ...
Why are Zomato, Biocon and ONGC shares buzzing today?
Zomato slips on Jefferies' downgrade, Biocon rallies on USFDA approval and Jefferies upgrade, ONGC gains as CLSA names it a ...