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Fly News Breaks for August 9, 2017
MELI
Aug 9, 2017 | 06:35 EDT
JPMorgan analyst Andre Baggio lowered his price target for MercadoLibre to $270 saying free shipping continues to weigh on the company's results. The analyst reiterates a cautious near-term view on the shares and keeps a Neutral rating on the name.
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