Meesho shares surge 12% after UBS lifts target to Rs 260
UBS raised its Meesho target price to Rs 260 from Rs 2 and kept a “buy” rating, with the stock up as much as 12% in Tuesday trading.
Meesho shares rose as much as 12 per cent in Tuesday’s session after UBS lifted its target price on the stock, the biggest single-day gain in the last three months. UBS kept its "buy" recommendation on Meesho and increased its target price to Rs 260 per share from Rs 2…