Credit Suisse Maintains Outperform on MercadoLibre, Raises Price Target to $1780
Portfolio Pulse from Benzinga Newsdesk
Credit Suisse analyst Stephen Ju has maintained an 'Outperform' rating on MercadoLibre (NASDAQ:MELI) and raised the price target from $1760 to $1780.
August 04, 2023 | 1:04 pm
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Credit Suisse has maintained an 'Outperform' rating on MercadoLibre and raised the price target, indicating a positive outlook for the company.
The raised price target by Credit Suisse indicates their belief in the company's potential for growth. 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