Bernstein initiates coverage on Swiggy with Rs 635 target price, stock up 6%
Swiggy shares climbed as much as 6.1% on Thursday to Rs 520.70 on the BSE after global brokerage firm Bernstein initiated coverage on the food delivery player with an βoutperformβ rating at a target price of Rs 635 per share, which implies a potential upside of 22% from the stockβs current levels. The brokerage firm…
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