Jefferies analyst Alex Wright downgraded MercadoLibre (MELI) to Hold from Buy with a price target of $2,800, up from $2,450.
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Read More on MELI:
- MercadoLibre price target raised to $3,000 from $2,500 at UBS
- Mercadolibre’s Strategic Banking Move and Credit Improvement Reinforce Buy Rating
- MercadoLibre (MELI) Emulates Amazon as Latin American Takeover Continues
- MercadoLibre price target raised to $2,600 from $2,250 at JPMorgan
- MercadoLibre Announces Leadership Transition Effective 2026
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