Zomato Shares Race Over 7% After JP Morgan Raises Target By …

Zomato‘s share price surged over 7% on Thursday after global brokerage JP Morgan kept a bullish call and raised the target price for the stock. What The Brokerage Said: JP Morgan …

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Zomato Shares Race Over 7% After JP Morgan Raises Target By …

4 weeks from now

Zomato‘s share price surged over 7% on Thursday after global brokerage JP Morgan kept a bullish call and raised the target price for the stock. What The Brokerage Said: JP Morgan …

msn.com

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Zomato Stock Climbs Nearly 8% After JP Morgan Raises Target Price ...

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Sep 5, 2024 · Zomato's stock price surged by 7.7% today, reaching ₹261.60 per share. This jump follows a notable upgrade from global brokerage firm JP Morgan, which has raised its target …

venturasecurities.com

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Zomato Shares Rise 7%: Two Factors Behind The Rally Today

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Nov 25, 2024 · Zomato shares opened higher at Rs 273 against the previous close of Rs 264.15. The stock surged 7% intra day to Rs 282.85.

businesstoday.in

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Upgrades - Latest News And Breaking Headlines - Benzinga

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Zomato Shares Race Over 7% After JP Morgan Raises Target By 63% | Zomato stock jumped 7% after JP Morgan raised target price to ₹340. Company's retail transformation and …

benzinga.com

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Zomato Shares Rally 8% As JPMorgan Hikes Target Price To Rs 340

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Sep 5, 2024 · Zomato Share Price: Shares of Zomato surged 7.6% on the BSE today, hitting an intraday high of Rs 261.50, following JPMorgan's target price increase to Rs 340 from Rs 208, …

indiatimes.com

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JPMorgan Boosts Zomato’s Share Price Forecast: Key Insights For ...

4 weeks from now

Sep 9, 2024 · Global brokerage house JPMorgan has recently upgraded its valuation of Zomato by a substantial 63%, raising the target price to ₹340 for December 2025. This adjustment …

venturasecurities.com

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Zomato Stock Price Gains Nearly 8% As JP Morgan Lifts Target Price ...

4 weeks from now

Zomato shares rose 7.7% to ₹261.60 after JP Morgan increased its target price from ₹208 to ₹340. This reflects growing confidence in Blinkit, which is expanding, and suggests a potential …

msn.com

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Zomato Share Price: Zomato Shares Surge 8% As JP Morgan …

4 weeks from now

Sep 5, 2024 · Shares of foodtech major Zomato. surged 7.7% on the BSE today (September 5), reaching an intraday high of INR 261.50 after brokerage firm JP Morgan raised the stock’s …

inc42.com

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Zomato Shares Surge Nearly 8%: What's Driving The Rally?

4 weeks from now

Sep 5, 2024 · Other brokerage firms raise target prices for Zomato. UBS recently increased its target price for Zomato's stock to ₹320 per share, citing the company's better-than-expected …

newsbytesapp.com

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Zomato Stock Price Gains Nearly 8% As JP Morgan Lifts Target Price

4 weeks from now

Sep 5, 2024 · After a brief pullback in recent sessions, Zomato shares resumed their upward momentum, rising 7.7% in early morning trading to ₹261.60 per share. This surge came after …

flipit.money

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Swiggy FY24 Results: Net Loss Reduced By 43%, Revenue Up 36

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Sep 5, 2024 · See Also: Zomato Shares Race Over 7% After JP Morgan Raises Target By 63%. ... Despite the impressive growth, Swiggy’s core business still lags behind Zomato. Zomato …

benzinga.com

FAQs about Zomato Shares Race Over 7% After JP Morgan Raises Target By … Coupon?

Why did JP Morgan raise its target for Zomato share price?

Zomato share price: JP Morgan raised its target for Zomato from Rs 208 to Rs 340 per share, reflecting growing confidence in the company's prospects Zomato share price: Earlier this week, CLSA also identified Zomato as a top pick, highlighting the transformative impact of quick commerce on India's retail supply chain. ...

Is JPMorgan 'overweight' on Zomato stock?

Shares of food delivery aggregator Zomato Ltd. surged as much as 6.5% on Thursday after brokerage firm JPMorgan increased its price target on the stock to ₹340 from ₹208 earlier. JPMorgan remains "overweight" on the stock. This is also the second-highest price target for the stock on the street for Zomato, following CLSA's ₹353. ...

Why did Zomato share price rise 7% on Thursday?

Price Action: Shares of Zomato rose 7.72% to intraday high of ₹261.6 on Thursday morning. Zomato‘s share price surged over 7% on Thursday after global brokerage JP Morgan kept a bullish call and raised the target price for the stock. ...

Why did Zomato stock rise 77% in early morning trading?

A fter a brief pullback in recent sessions, Zomato shares resumed their upward momentum, rising 7.7% in early morning trading to ₹ 261.60 per share. This surge came after global brokerage firm JP Morgan raised its target price for the stock from ₹ 208 to ₹ 340 per share. ...

Should jp morgan buy Zomato?

JP Morgan's vote of confidence is the latest in line by brokerages for Zomato. CLSA recently gave an "overweight" call on Zomato, with a target price of ₹353. The brokerage expects Blinkit to become EBITDA positive and profitability by FY25. It also sees Blinkit contribute 37% to Zomato's earnings per share in FY26. ...

Is Zomato a 'overweight' stock?

Zomato shares jumped over 7% on Thursday, climbing to an intraday high of Rs 261.50 after global brokerage firm JPMorgan raised the company’s target price to Rs 340 from Rs 208, maintaining an "overweight" rating. This marked a significant vote of confidence for the food delivery giant, which has been steadily expanding its market footprint. ...