MercadoLibre price target raised to $2,975 from $2,840 at Susquehanna

Susquehanna raised the firm’s price target on MercadoLibre (MELI) to $2,975 from $2,840 and keeps a Positive rating on the shares. The firm said their sense is that that management is increasing its commitment to expanding its credit card program and reach after seeing good results. Susquehanna maintains its rating, holding their above- Street 2Q margins but raising 2026 revenues,