Stifel Maintains Buy Rating for MercadoLibre: Here’s What You Need To Know
Stifel has decided to maintain its Buy rating of MercadoLibre (NASDAQ:MELI) and lower its price target from $1200.00 to $1000.00.
Shares of MercadoLibre are trading up 3.77% over the last 24 hours, at $680.38 per share.
A move to $1000.00 would account for a 46.98% increase from the current share price.