JP Morgan Maintains Overweight on MercadoLibre, Raises Price Target to $2400
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Marcelo Santos maintains an Overweight rating on MercadoLibre (NASDAQ:MELI) and raises the price target from $2150 to $2400.
August 06, 2024 | 3:56 pm
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JP Morgan analyst Marcelo Santos maintains an Overweight rating on MercadoLibre and raises the price target from $2150 to $2400.
The raised price target and maintained Overweight rating from a reputable analyst at JP Morgan is likely to positively influence investor sentiment and drive short-term price appreciation for MercadoLibre.
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IMPORTANCE 80
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