The Latest Analyst Ratings for MercadoLibre
Portfolio Pulse from Benzinga Insights
MercadoLibre (NASDAQ:MELI) has received 3 bullish and 5 somewhat bullish ratings in the last quarter, with an average 12-month price target of $1626.25, up 5.69% from the previous average of $1538.75.
June 08, 2023 | 5:01 pm
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MercadoLibre has received positive analyst ratings in the last quarter, with an increased average 12-month price target of $1626.25.
The article mentions that MercadoLibre has received 3 bullish and 5 somewhat bullish ratings in the last quarter. The average 12-month price target has increased by 5.69% from the previous average, indicating a positive outlook for the stock. This information is relevant and important for investors, as it shows that analysts have a positive view on the stock, which could lead to an increase in its price in the short term.
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IMPORTANCE 80
RELEVANCE 100