DMart Splits Brokerages: Morgan Stanley, Bernstein Bullish (~Rs 5000) as Citi Cuts to Rs 3400 on Quick-Commerce Threat

Avenue Supermarts faces a divided Street as quick-commerce pressures metro same-store sales growth. MS (TP Rs 5083) and Bernstein (Rs 5000) stay overweight on 80+ store expansion, while Citi flags a Sell (TP cut to Rs 3400). CarTrade also lands a UBS Buy (TP Rs 4000).

— Filed Mon, 13 Jul, 2026, 07:07 IST · Source NDTV Profit · Updated

Brokerages issue fresh calls on DMart amid rising quick-commerce pressure on metro SSSG: MS/Bernstein bullish (TP ~Rs 5000-5083), Citi Sell (TP cut to Rs 3400). CarTrade gets UBS Buy. Includes L&T Finance, LTM, pharma, housing finance views.