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 downgraded Zomato and Swiggy, citing quick commerce losses and rising competition. Stocks fell up to 3%, with ...

The downgrade for both companies, according to BofA Securities, was mainly due to expectations of widening losses in quick ...

BofA downgrades Zomato and Swiggy citing rising losses; explore why target prices are slashed and competition intensifies.

BofA Securities downgrades Swiggy and Zomato due to expected profitability struggles, impacting stock prices and investor ...

Bank of America (BofA) has downgraded its ratings on Zomato and Swiggy, citing concerns over slowing growth in food delivery ...

Zomato and Swiggy stocks are under pressure following downgrades from BofA, which cited increased competition and lower ...

Bank of America has slashed the target price for Zomato and Swiggy, downgrading their stocks to a neutral rating from buy.

Shares of Zomato and Swiggy were sharply lower amid buzz of quick commerce rival Zepto's $250 million secondary sale ahead of ...

Zomato and Swiggy's Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) for financial year 2026 and 2027 is ...

The findings come after both Swiggy and Zomato had a tough Q3. While the Bengaluru-based company saw its losses widen 39 ...