Goldman Sachs Maintains Buy on MercadoLibre, Raises Price Target to $2480
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Irma Sgarz maintains a Buy rating on MercadoLibre (NASDAQ:MELI) and raises the price target from $2180 to $2480.
August 08, 2024 | 3:25 pm
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POSITIVE IMPACT
Goldman Sachs analyst Irma Sgarz maintains a Buy rating on MercadoLibre and raises the price target from $2180 to $2480.
The raised price target and maintained Buy rating from a reputable analyst at Goldman Sachs is likely to positively impact MercadoLibre's stock price in the short term as it signals strong confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100