Brokerage view: Bernstein on Zomato

 



  • Bernstein has upheld its Outperform rating on Zomato and increased the target price to Rs 275 from Rs 230.
  • The global brokerage firm characterized Zomato’s Q1FY25 performance as a “Flywheel spinning faster,” and continues to see the stock as its top pick. Zomato delivered a strong quarter with notable outperformance across all segments.

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