Cantor Fitzgerald Reiterates Overweight on MercadoLibre, Maintains $2530 Price Target
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald has reiterated its Overweight rating on MercadoLibre, maintaining a price target of $2530. This suggests confidence in the company's growth prospects.
September 23, 2024 | 2:30 pm
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Cantor Fitzgerald has reiterated its Overweight rating on MercadoLibre, maintaining a price target of $2530. This suggests confidence in the company's growth prospects.
The reiteration of an Overweight rating and a high price target by a reputable analyst firm like Cantor Fitzgerald is a positive signal for investors, suggesting that the firm expects MercadoLibre to perform well in the near future.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100