– Zomato’s stock surged up to 19% to Rs 278.7 after strong June quarter results
– CLSA raised its target price for Zomato to Rs 350, the highest among all brokerages
– Other brokerages like Motilal Oswal, Equirus, and ICICI Securities also raised price targets
– 25 out of 28 analysts covering the stock have a “Buy” rating
– Zomato’s growth trajectory and profitability in food delivery and quick commerce sectors are praised
– Multiple brokerages have endorsed Zomato’s potential for growth with upward revisions in price targets, possibly crossing Rs 350 in the future.