Morgan Stanley starts Meesho coverage with equal-weight; flags full valuation. Check target, upside potential

📅 Published: January 15, 2026 | 📂 Category: Uncategorized

Morgan Stanley began coverage on Meesho with an equal-weight rating and Rs 169 target, citing full valuations after the rally, early-stage monetisation, and profitability still years away despite strong scale, growth prospects, and leadership in value e-commerce.

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