Citigroup Maintains Neutral on MercadoLibre, Lowers Price Target to $2100
Citigroup analyst Joao Pedro Soares maintains MercadoLibre (NASDAQ:MELI) with a Neutral and lowers the price target from $2150 to $2100.
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Why It Matters
A big bank analyst thinks MercadoLibre is fairly priced, not too hot or cold. They lowered their goal price a tiny bit, which means they see small room for the stock to grow.
This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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