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's share price dropped after Jefferies, a financial services firm based in New York, downgraded the stock to 'Hold' ...

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

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

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

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

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

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

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

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

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 ...