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Fly News Breaks for February 15, 2018
MELI
Feb 15, 2018 | 05:31 EDT
Piper Jaffray analyst Michael Olson raised his price target for MercadoLibre to $415 after his channel checks showed the company's Q4 listings growth accelerated slightly year-over-year. This is the first quarter of listings acceleration in five quarters, Olson tells investors in a research note. The analyst sees upside potential to estimates and maintains an Overweight rating on the shares.
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