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Fly News Breaks for August 5, 2016
MELI
Aug 5, 2016 | 09:10 EDT
Susquehanna raised its price target on MercadoLibre to $178 from $153 following the company's top and bottom line Q2 beat. The firm cited the company's organic growth, growth in non-marketplace revenues, and continued building in the Latin American and Mexican markets. Susquehanna reiterated its Positive rating on MercadoLibre shares.