Jefferies Upgrades MercadoLibre to Buy, Announces $2100 Price Target
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst John Colantuoni has upgraded MercadoLibre (NASDAQ:MELI) from Hold to Buy and set a price target of $2100.
May 20, 2024 | 5:23 pm
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POSITIVE IMPACT
Jefferies analyst John Colantuoni has upgraded MercadoLibre from Hold to Buy and set a price target of $2100.
The upgrade from Hold to Buy and the new price target of $2100 by a reputable analyst at Jefferies is likely to positively impact MercadoLibre's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100