Credit Suisse Maintains Outperform on MercadoLibre, Raises Price Target to $2100
Credit Suisse analyst Stephen Ju maintains MercadoLibre (NASDAQ:MELI) with a Outperform and raises the price target from $2050 to $2100.
10 Stocks Moving In Wednesday’s After-Hours Session
Gainers
MercadoLibre (NASDAQ: MELI) shares are trading higher after the company reported Q2 EPS of $1.37, up from $1.11 year over year and better-than-expected Q2 sales results.
MercadoLibre: Q2 Earnings Insights
Shares of MercadoLibre (NASDAQ:MELI) rose in after-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share rose 23.42% year over year to $1.37, which beat the estimate of $0.11.
MercadoLibre Q2 EPS $1.37 Up From $1.11 YoY, Sales $1.70B Beat $1.46B Estimate
MercadoLibre (NASDAQ:MELI) reported quarterly earnings of $1.37 per share. This is a 23.42 percent increase over earnings of $1.11 per share from the same period last year. The company reported quarterly sales of $1.70
Amazon Launched Free One-Day Deliver in 50 Cities in Brazil Wednesday to Battle Rivals Including MercadoLibre
-Reuters
https://www.reuters.com/business/retail-consumer/amazon-launches-free-one-day-delivery-brazil-amid-fierce-competition-2021-08-04/