Brokerages review Eternal’s first-quarter results and respond by raising their target prices, even as the company reports a profit miss. According to coverage, Jefferies, Citi and Morgan Stanley increase targets following the earnings update. The firms attribute their revised outlook to what they describe as Blinkit’s operational execution and continued strength in food delivery. While the profit shortfall is noted, the brokerages’ commentary focuses more on performance signals that they expect to support Blinkit’s ability to compete without relying on heavy discounting. The sources converge on the same outcome: multiple brokerages lift price targets after the quarter. The changes reflect adjustments to their valuation assumptions based on Blinkit’s delivery execution and the contribution from food delivery. Overall, the reported reviews present a consistent picture of higher expectations for Eternal’s segments, anchored in Blinkit’s progress, despite the headline profitability miss in the quarter.