Goldman Sachs Maintains Buy on MercadoLibre, Raises Price Target to $2180
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Irma Sgarz maintains a Buy rating on MercadoLibre (NASDAQ:MELI) and raises the price target from $1910 to $2180.
August 09, 2023 | 3:51 pm
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POSITIVE IMPACT
Goldman Sachs maintains a Buy rating on MercadoLibre and raises the price target, indicating a positive outlook for the stock.
The raised price target by Goldman Sachs 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