Tech
Motilal Oswal Trims Swiggy Price Target To INR 550, Reiterates ‘Buy’ Rating
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SUMMARY
Brokerage firm Motilal Oswal has slashed foodtech major Swiggy’s target price (TP) by 2% to INR 550 while reiterating its ‘Buy’ rating
The new TP still reflects a 26% upside from the company’s previous close of INR 435.45
Motilal Oswal said that Swiggy is entering a phase of profitability, supported by operating discipline and improving network efficiency
Ahead of its financial disclosures for Q2 FY26, brokerage firm Motilal Oswal has slashed foodtech major…
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