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Analysts give MercadoLibre a "Buy" rating, with a target price of $2,402.81, citing strong earnings.
Analysts have issued a "Buy" rating for MercadoLibre (MELI), with an average target price of $2,402.81.
The company reported an EPS of $12.61 for the latest quarter, exceeding expectations by $2.40.
Various financial institutions have upgraded their ratings and raised price targets.
Despite a reduction in shares by some institutional investors, MercadoLibre's stock is seen as a strong buy with a market cap of $93.35 billion.
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Los analistas dan a MercadoLibre una calificación de "Comprar", con un precio objetivo de $2,402.81, citando fuertes ganancias.