Information Provided By: 
Fly News Breaks for March 15, 2019
MELI
Mar 15, 2019 | 07:32 EDT
As previously reported, Stifel analyst Scott Devitt downgraded MercadoLibre to Hold from Buy following the 34% increase in the stock price since the company reported better than expected Q4 results, stating that he believes the risk/reward is more balanced at current levels. However, he continues to believe in the long-term opportunity for MercadoLibre given its leadership in Latin America e-commerce and "sizable" growth opportunity in digital payments and Devitt raised his price target on the shares to $500 from $460.
News For MELI From the Last 2 Days
There are no results for your query MELI
