Susquehanna Maintains Positive on MercadoLibre, Raises Price Target to $1625
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst James Friedman maintains a positive outlook on MercadoLibre (NASDAQ:MELI) and has raised the price target from $1500 to $1625.
September 18, 2023 | 4:11 pm
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POSITIVE IMPACT
Susquehanna analyst James Friedman has raised the price target for MercadoLibre from $1500 to $1625, indicating a positive outlook for the company.
The raised price target by Susquehanna analyst James Friedman indicates a positive outlook for MercadoLibre. This could potentially lead to an increase in the company's stock price in the short term as it shows confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100