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Zomato bullish on Blinkit, investors skeptical: Jefferies

While investors are generally convinced on the food delivery moat, skepticism is high on quick commerce (Q/C), given no proof of concept yet in any large market in the world, says equities research firm Jefferies in its latest update.

#Zomato #logistics #Blinkit #news #breakingnews

https://www.itln.in/logistics/zomato-bullish-on-blinkit-investors-skeptical-jeffries-1346525?infinitescroll=1
Zomato bullish on Blinkit, investors skeptical: Jefferies While investors are generally convinced on the food delivery moat, skepticism is high on quick commerce (Q/C), given no proof of concept yet in any large market in the world, says equities research firm Jefferies in its latest update. #Zomato #logistics #Blinkit #news #breakingnews https://www.itln.in/logistics/zomato-bullish-on-blinkit-investors-skeptical-jeffries-1346525?infinitescroll=1
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Zomato bullish on Blinkit, investors skeptical: Jefferies
Jefferies has base case price target of Rs 100 (+56%), upside of Rs 160 (+150%) & downside target of Rs 40 (-37%).
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