MercadoLibre's fourth-quarter net profit beats forecast, shares jump
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MercadoLibre (MELI) PT Raised to $2,650 at Raymond James
February 21, 2025 12:22 PM ESTRaymond James analyst Josh Beck raised the price target on MercadoLibre (NASDAQ: MELI) to $2,650.00 (from $2,250.00) while maintaining a Strong Buy rating.
The analyst comments "The Call: We reiterate our Strong Buy rating on MELI as the 4Q report reinforces elements of our recent upgrade (note) that was premised on improving fintech profitability and easing fulfillment headwinds. We... More
