Cantor Fitzgerald Initiates Coverage On MercadoLibre with Overweight Rating, Announces Price Target of $2530
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald has initiated coverage on MercadoLibre with an Overweight rating and set a price target of $2530.
September 05, 2024 | 2:38 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Cantor Fitzgerald has initiated coverage on MercadoLibre with an Overweight rating and a price target of $2530, indicating a positive outlook.
The initiation of coverage with an Overweight rating and a high price target suggests a positive sentiment from Cantor Fitzgerald, likely boosting investor confidence and potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100