Morgan Stanley’s Bold Bet on Zomato and PB Fintech Sparks Fierce Debate Amid Internet Stock Frenzy
In a stunning declaration, Morgan Stanley has reiterated its overweight call on Zomato, setting a jaw-dropping target price of INR 235 per share—a daring 21% upside from the previous close. According to a bombshell Moneycontrol report, the brokerage firm insists that all macro and micro factors are perfectly aligned for a meteoric rise in India’s internet stocks. Over the past five quarters, Zomato has been on an unstoppable ascent, becoming a red-hot favorite among investors… Read More »Morgan Stanley’s Bold Bet on Zomato and PB Fintech Sparks Fierce Debate Amid Internet Stock Frenzy
