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Fly News Breaks for April 4, 2016
MELI
Apr 4, 2016 | 06:02 EDT
Piper Jaffray analyst Gene Munster raised his price target for MercadoLibre to $160 saying he's more optimistic on the shares after traveling to Latin America. The company is gaining market share in eCommerce while its bets in payments, fulfillment and credit are underappreciated by investors, Munster tells investors in a research note. He reiterates an Overweight rating on MercadoLibre.
News For MELI From the Last 2 Days
MELI
Apr 23, 2024 | 09:26 EDT
DZ Bank upgraded MercadoLibre to Buy from Hold with a $1,685 price target.