What the Options Market Tells Us About MercadoLibre
Portfolio Pulse from Benzinga Insights
The options market shows a bullish sentiment towards MercadoLibre (NASDAQ:MELI), with 66% of trades being bullish. Significant options activity suggests a price target range of $1770 to $2200. Analysts have mixed ratings, with price targets ranging from $2350 to $2530.
October 09, 2024 | 3:45 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
The options market indicates a bullish sentiment for MercadoLibre, with 66% of trades being bullish. Analysts have set price targets between $2350 and $2530, suggesting potential upside.
The options market shows a strong bullish sentiment with 66% of trades being bullish. Analysts' price targets suggest potential upside, indicating positive short-term impact on MELI's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100