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Citi initiates Meesho Buy at Rs 210 TP; Investec backs Vishal Mega Mart on 18% revenue CAGR
Brokerage roundup: Citi initiates Meesho Buy (TP Rs 210) citing marketplace differentiation; Investec initiates Vishal Mega Mart Buy (TP Rs 144) on 18% revenue CAGR; JPM overweight LG India; Jefferies Hold on Blue Star with RAC and data center tailwinds.
Reported figures
From the report. Source details below
| RAC industry +25-30% YoY Apr-May | 2026 |
|---|
Also in the report
- VMM 10% SSSG, 13% store adds, 18% revenue CAGR FY26-29
Other figures
- LG India TP Rs 1620
- Blue Star TP Rs 1735
The source
First seen