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Meesho shares jump 6% as UBS raises target price - Check revised one | Rationale explained

Meesho shares rose 6% after UBS maintained its Buy rating and increased the target price to ₹260, forecasting strong gro...

Meesho shares jump 6% as UBS raises target price - Check revised one | Rationale explained
Source: Mint - Markets

Meesho shares rose 6% after UBS maintained its Buy rating and increased the target price to ₹260, forecasting strong growth and improved margins. UBS anticipates sustained NMV growth and higher profitability driven by logistics cost reductions and enhanced advertising revenue.

SOURCE: Mint - Markets
ORIGINAL REPORT: Click here
DHALLO EDITORIAL STATUS: Aggregated & reviewed
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