Susquehanna Maintains Positive on MercadoLibre, Raises Price Target to $2300
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst James Friedman maintains a Positive rating on MercadoLibre and raises the price target from $2000 to $2300.
August 19, 2024 | 2:21 pm
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POSITIVE IMPACT
Susquehanna analyst James Friedman has increased the price target for MercadoLibre from $2000 to $2300, maintaining a Positive rating. This suggests confidence in MercadoLibre's future performance.
The increase in price target from $2000 to $2300 by Susquehanna indicates a strong positive outlook on MercadoLibre's future performance. This is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100