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 stock plunges 5% after Jefferies downgrade to 'hold' as quick commerce competition heats up
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.
Jefferies Cuts Zomato Stock To 'Hold' As Quick Commerce Competition Heats Up
Although valuations appear reasonable considering Zomatos strong execution and growth opportunities, Jefferies is worried on the rise in quick commerce competition.
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.
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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 ...
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