Information Provided By:
Fly News Breaks for May 16, 2017
MELI
May 16, 2017 | 06:14 EDT
JPMorgan analyst Andre Baggio downgraded MercadoLibre to Neutral citing valuation with the stock up 131% year-over-year. The analyst believes MercadoLibre should enter a new investment phase with the deployment of free shipping, which he notes could pressure short-term results. Baggio raised his price target for the shares to $300 from $250.
News For MELI From the Last 2 Days
There are no results for your query MELI