Jefferies tags Meesho a 'Buy' with Rs 225 target, sees 34% upside on value-commerce flywheel
Jefferies initiates Buy on Meesho at a Rs 225 target (34% upside), citing affordability-led value commerce, AI-driven seller tooling and 25% NMV growth. The call lands alongside Buy ratings on Aegis Vopak (25% upside) and IndiGo (20% upside), positioning Meesho as the broker's standout consumer-internet pick.
Jefferies issues 'Buy' on Meesho (Rs 225 target, 34% upside) citing affordability-led value commerce, AI tools and 25% NMV growth, alongside Buy calls on Aegis Vopak and IndiGo with 25% and 20% upside respectively.