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Fly News Breaks for August 5, 2016
MELI
Aug 5, 2016 | 05:48 EDT
Piper Jaffray analyst Gene Munster raised his price target for MercadoLibre to $185 saying the June quarter results further the theme that the company is gaining market share at an increasing rate. Munster keeps an Overweight rating on the shares.
News For MELI From the Last 2 Days
MELI
Apr 24, 2024 | 08:03 EDT
Jefferies lowered the firm's price target on MercadoLibre to $1,400 from $1,650 and keeps a Hold rating on the shares. A recent ramp in investments could pressure EBIT near-term, though continued momentum in GMV, Advertising, and Credit "would keep the long-term story alive," the analyst tells investors in a preview note for the U.S. Internet group.
MELI
MELI
Apr 23, 2024 | 09:26 EDT
DZ Bank upgraded MercadoLibre to Buy from Hold with a $1,685 price target.
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