After Jefferies, Credit Suisse expects 100% rally on Zomato! Should you buy this dip? - Economic Times

7/27/2022 12:00:00 AM2 years 9 months ago
by Amit Mudgill
by Amit Mudgill
Credit Suisse has maintained its 'outperform' rating on the stock, with a target of Rs 90. The brokerage said Zomato is on a clear road to profitability growth. It said that existing core customers would drive the food business. CS said in a duopolistic indus…
Even as Zomato stock price hit a fresh low of Rs 40.55, below the Rs 41 level that valuation guru Aswath Damodaran last year pegged as Zomato's fair value, Credit Sussie has become second foreign bro… [+1299 chars]
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