Zomato and Swiggy shares drop after BofA downgrade, while analysts predict challenges ahead in quick commerce sector.
BofA has downgraded Zomato to 'neutral' from 'buy' and Swiggy to ‘underperform’ from ‘buy’. The target price of Zomato has ...
BofA Securities downgrades Swiggy and Zomato due to expected profitability struggles, impacting stock prices and investor ...
The findings come after both Swiggy and Zomato had a tough Q3. While the Bengaluru-based company saw its losses widen 39 ...
BofA downgrades Zomato and Swiggy citing rising losses; explore why target prices are slashed and competition intensifies.
Zomato shares have fallen nearly 29 percent in 2025 so far, while Swiggy shares steeply fell around 40 percent during the ...
BofA Securities downgraded Zomato and Swiggy, citing quick commerce losses and rising competition. Stocks fell up to 3%, with ...
Zomato and Swiggy stocks are under pressure following downgrades from BofA, which cited increased competition and lower ...
Bank of America (BofA) has downgraded its ratings on Zomato and Swiggy, citing concerns over slowing growth in food delivery ...
Zomato and Swiggy stocks fell after a Bloomberg report revealed Zepto's $250 million funding talks ahead of its IPO, erasing ...
Bank of America has slashed the target price for Zomato and Swiggy, downgrading their stocks to a neutral rating from buy.
ICICI Securities said its channel checks indicated waning competitive intensity in quick-commerce customer acquisition spends ...
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