Citi initiates Meesho with Buy, stock up 2.5%

Citi initiates coverage on Meesho with a Buy rating, citing strong growth in value-commerce. The stock rose 2.5% on the news, reflecting positive sentiment. Citi highlighted Meesho’s expanding user base and competitive positioning against larger peers. The brokerage sees significant upside as the platform scales profitability.

📊 STOCKS: MEESHO | 🏢 SECTOR: E-commerce | #MEDIUMIMPACT #BrokerUpgrade