BofA upgrades Swiggy to buy rating, lists 3 reasons why
- Posted on December 11, 2025
- By Business News Today
- 1 Views
BofA upgrades Swiggy to buy rating, lists 3 reasons why
Bank of America Securities upgraded Swiggy to buy, citing its stronger balance sheet after a major fundraise, rising cash generation in food delivery, and potential valuation rerating as quick-commerce consolidation accelerates and losses narrow amid improving margins.
