MercadoLibre shares are trading higher after Barclays maintained an Overweight rating and raised its price target from $2,000 to $2,100.
Portfolio Pulse from Benzinga Newsdesk
MercadoLibre shares are trading higher after Barclays maintained an Overweight rating and raised its price target from $2,000 to $2,100.
August 06, 2024 | 2:48 pm
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MercadoLibre shares are trading higher after Barclays maintained an Overweight rating and raised its price target from $2,000 to $2,100.
The increase in price target and the maintained Overweight rating by Barclays is a positive signal to investors, likely leading to increased buying activity and a short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100