UBS Maintains Buy on MercadoLibre, Raises Price Target to $1700
Portfolio Pulse from richadhand@benzinga.com
UBS analyst Kaio Prato maintains a Buy rating on MercadoLibre (NASDAQ:MELI) and raises the price target from $1600 to $1700.
August 30, 2023 | 12:54 pm
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UBS analyst Kaio Prato maintains a Buy rating on MercadoLibre and raises the price target from $1600 to $1700.
The raised price target by UBS analyst indicates a positive outlook for MercadoLibre. This could potentially attract more investors, driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100