{"id":845495,"date":"2024-08-17T10:17:16","date_gmt":"2024-08-17T04:47:16","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=845495"},"modified":"2024-08-17T10:17:16","modified_gmt":"2024-08-17T04:47:16","slug":"zomato-gained-183-in-a-year-111-in-2024-so-far-should-you-bet-on-the-stock-heres-what-morgan-stanley-projects","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/08\/17\/zomato-gained-183-in-a-year-111-in-2024-so-far-should-you-bet-on-the-stock-heres-what-morgan-stanley-projects\/","title":{"rendered":"Zomato gained 183% in a year, 111% in 2024 so far; should you bet on the stock? Here\u2019s what Morgan Stanley projects"},"content":{"rendered":"<p>Global brokerage firm Morgan Stanley has reaffirmed its &#8220;Overweight&#8221; rating on Zomato, setting a target price of \u20b9278 per share, signaling a nearly 8 percent upside from the last closing price. This optimistic outlook comes after Zomato&#8217;s impressive 46 percent surge since May, bolstered by strong June quarter results. Despite the competitive pressures in the quick commerce (QC) business, Morgan Stanley remains confident in Zomato&#8217;s long-term potential.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Global brokerage firm Morgan Stanley has reaffirmed its &#8220;Overweight&#8221; rating on Zomato, setting a target price of \u20b9278 per share, signaling a nearly 8 percent upside from the last closing price. This optimistic outlook comes after Zomato&#8217;s impressive 46 percent surge since May, bolstered by strong June quarter results. Despite the competitive pressures in the quick commerce (QC) business, Morgan Stanley remains confident in Zomato&#8217;s long-term potential.<\/p>\n","protected":false},"author":10,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[55,13,4],"tags":[],"class_list":["post-845495","post","type-post","status-publish","format-standard","hentry","category-it-2-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/845495","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=845495"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/845495\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=845495"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=845495"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=845495"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}