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flag Capital International Ltd. CA buys into MercadoLibre, firm reports strong earnings despite price target cut.

flag Institutional investor Capital International Ltd. CA has acquired 2,683 shares of MercadoLibre, Inc., valuing their holdings at about $27.05 million. flag MercadoLibre, an online commerce platform, reported strong earnings of $12.61 per share, exceeding estimates. flag Despite Cantor Fitzgerald lowering its target price to $2,400, the average rating remains a "Buy" with a consensus price target of $2,415.94.

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