Zomato shares: Why HSBC feels the stock could rise 64%; time to buy?
Zomato stock increased by about 1% on Wednesday as HSBC Global Research analysts predicted it will touch 87 in the near future, representing a potential gain of 64% over the firm’s current price. Zomato has underperformed the S&P BSE Sensex with a year-to-date loss of nearly 11%. HSBC has kept its ‘Buy’ rating on the…
