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Tag: Bernstein on Zomato
    Zomato’s Big Bet: Bernstein Sees 35% Upside Amid Quick Commerce Boom!

    Zomato’s Big Bet: Bernstein Sees 35% Upside Amid Quick Commerce Boom!

    2025-02-25  Niranjan Ghatule
    Zomato continues to strengthen its leadership in India's quick commerce sector, with Bernstein maintaining an "Outperform" rating on the stock. The brokerage firm has set a target price of ₹310, reflecting a 35% upside potential. This article explores Zomato’s aggressive expansion, Blinkit’s breakeven challenges, rising competition, and why investors should adjust to the evolving market dynamics.