Credit Suisse Maintains Outperform on MercadoLibre, Raises Price Target to $1760
Portfolio Pulse from richadhand@benzinga.com
Credit Suisse analyst Stephen Ju has maintained an Outperform rating on MercadoLibre (NASDAQ:MELI) and raised the price target from $1730 to $1760.
July 31, 2023 | 12:34 pm
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POSITIVE IMPACT
Credit Suisse has maintained an Outperform rating on MercadoLibre and raised the price target from $1730 to $1760, which could positively impact the stock.
The raised price target by Credit Suisse indicates a positive outlook for MercadoLibre. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100