Expert Outlook: MercadoLibre Through The Eyes Of 13 Analysts
Portfolio Pulse from Benzinga Insights
Thirteen analysts have recently published ratings on MercadoLibre (NASDAQ:MELI), with a majority being somewhat bullish. The average 12-month price target has increased to $1953.08, reflecting a 1.96% rise. Analysts have varied in their actions, with some raising and others lowering their price targets. MercadoLibre continues to show strong financial performance with notable revenue growth, net margin, ROE, and ROA.
May 20, 2024 | 6:00 pm
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MercadoLibre has received a majority of somewhat bullish ratings from analysts, with an average 12-month price target of $1953.08, up 1.96%. The company's strong financial performance, including a 36% revenue growth rate and high net margin, ROE, and ROA, supports this positive outlook.
The majority of analysts have a somewhat bullish outlook on MercadoLibre, with a slight increase in the average price target. The company's strong financial metrics, including significant revenue growth and high net margin, ROE, and ROA, contribute to this positive sentiment.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100