Jefferies Upgrades Mercari (MCARY) with Optimistic Price Target | MCARY Stock News

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Jun 13, 2025
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Jefferies has elevated its rating for Mercari (MCARY, Financial) from Hold to Buy, setting a new price target of 3,200 yen, an increase from the previous target of 2,650 yen. This decision reflects the firm's confidence in Mercari's potential for a positive reevaluation, bolstered by anticipated operational improvements across the current and upcoming fiscal years, according to the analysts. The upgrade suggests that Jefferies sees promising growth and development prospects for Mercari in the foreseeable future.

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