scorecardresearchJefferies on Zomato: Night is darkest before the dawn; See stock hitting ₹100 in 12 months

Jefferies on Zomato: Night is darkest before the dawn; See stock hitting 100 in 12 months

Updated: 26 Jul 2022, 01:11 PM IST
TL;DR.
Jefferies believes Zomato is a great opportunity for long-term investors. Saying 'the night is darkest before the dawn', Jefferies has given a target price of 100 for the stock, indicating an upside of over 100 percent in the next 12 months. Zomato is the brokerage's 'high conviction buy'.
Jefferies believes Zomato is a great opportunity for long-term investors. Saying 'the night is darkest before the dawn', Jefferies has given a target price of  <span class='webrupee'>₹</span>100 for the stock, indicating an upside of over 100 percent in the next 12 months. Zomato is the brokerage's 'high conviction buy'.

Jefferies believes Zomato is a great opportunity for long-term investors. Saying 'the night is darkest before the dawn', Jefferies has given a target price of 100 for the stock, indicating an upside of over 100 percent in the next 12 months. Zomato is the brokerage's 'high conviction buy'.