JPMorgan lowered the firm’s price target on MercadoLibre (MELI) to $2,600 from $2,700 and keeps a Neutral rating on the shares.
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Read More on MELI:
- Mercadolibre’s Strong Market Position and Strategic Advantages Justify Buy Rating Despite Competition Concerns
- Mercadolibre’s Strategic Advancements and Growth Potential Reinforce Buy Rating
- MercadoLibre price target raised to $2,900 from $2,700 at Cantor Fitzgerald
- MercadoLibre Amends Revolving Credit Agreement with Citibank
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