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Fly News Breaks for October 28, 2016
MELI
Oct 28, 2016 | 08:54 EDT
Morgan Stanley analyst Michel Morin resumed coverage on MercadoLibre with an Underweight and a $147 price target.
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.
