09 Oct 2025 | 3 Mins Read
Citi raises share price targets for Eternal and Swiggy
Flipitmoney
Citi raised price targets for food delivery aggregators Eternal Ltd. and Swiggy Ltd. by 15% and 18% respectively, recommending a "buy" on both stocks. It forecasts 123% and 19% growth for Eternal and Swiggy's gross order values in FY26 and Q4 respectively. Citi expects breakeven in adjusted EBITDA margin for quick commerce by FY28.