Susquehanna Maintains Positive on MercadoLibre, Raises Price Target to $2350
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst James Friedman maintains a Positive rating on MercadoLibre and raises the price target from $2300 to $2350.
August 28, 2024 | 2:03 pm
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POSITIVE IMPACT
Susquehanna analyst James Friedman has increased the price target for MercadoLibre from $2300 to $2350, maintaining a Positive rating. This suggests confidence in MercadoLibre's future performance.
The increase in price target from $2300 to $2350 by Susquehanna indicates a positive outlook on MercadoLibre's stock, likely leading to a short-term price increase. The maintained Positive rating further supports this sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100