Wedbush Reiterates Outperform on MercadoLibre, Maintains $1800 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Scott Devitt reiterates an Outperform rating on MercadoLibre (NASDAQ:MELI) and maintains a $1800 price target.
May 03, 2024 | 2:37 pm
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Wedbush analyst Scott Devitt reiterates an Outperform rating on MercadoLibre with a $1800 price target.
The reiteration of an Outperform rating and the maintenance of a high price target by a reputable analyst like Scott Devitt could positively influence investor sentiment towards MercadoLibre, potentially driving its stock price up in the short term.
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