VERIFIEDET Markets·29 Sept 2026positive

Goldman Sachs sees Eternal achieving $1 billion EBITDA by FY29; raises target price

AI Summary

·Goldman Sachs maintained a Buy rating on Eternal and raised its target price by 11% to Rs 385.
·The brokerage expects Eternal to achieve $1 billion EBITDA by FY29.
·This projection is driven by Blinkit's growth, margin expansion, and stabilizing competitive intensity in quick commerce.