Meesho share price jumps 5% after Jefferies initiates coverage with buy rating; target price at ₹225 a share

Meesho share price rose nearly 5% on Wednesday, 10 June, after global brokerage Jefferies initiated coverage on the stock with a ‘Buy’ rating and a target price of ₹225, implying an upside potential of about 34% from current levels.

Jefferies said Meesho is building a large-scale value-commerce platform focused on affordability, product discovery, and logistics efficiency, catering primarily to price-sensitive consumers in non-metro markets.