Form 8-K MERCADOLIBRE INC For: May 05

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Go back to Form 8-K MERCADOLIBRE INC For: May 05

Stifel Upgrades MercadoLibre (MELI) to Buy

May 6, 2021 5:20 AM EDT

Stifel analyst Scott Devitt upgraded MercadoLibre (NASDAQ: MELI) from Hold to Buy with a price target of $1,800.00.

The analyst comments "MercadoLibre reported another strong quarter as volume on the platform accelerated sequentially in Brazil and Mexico. Consolidated GMV increased 114% y/y FX-adj.... More