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Fly News Breaks for March 18, 2015
MELI
Mar 18, 2015 | 06:27 EDT
JPMorgan downgraded MercadoLibre to Neutral citing the recent outperformance of shares and currency headwinds which it believes are not reflected in the current price. It lowered its price target for shares to $141 from $157 and recommends ivestors wait for a better entry point.