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8 Retail Stocks to Own For the Long Haul - 7 of 8

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MercadoLibre (NASDAQ:MELI)

Consensus Rating
Moderate Buy
Rating Score
2.9
Ratings Breakdown
14 Buy Ratings, 2 Hold Ratings, 0 Sell Ratings.
Consensus Price Target
$2,246.07 (15.2% Upside)

About MercadoLibre

MercadoLibre logoMercadoLibre, Inc operates online commerce platforms in the United States. It operates Mercado Libre Marketplace, an automated online commerce platform that enables businesses, merchants, and individuals to list merchandise and conduct sales and purchases digitally; and Mercado Pago FinTech platform, a financial technology solution platform, which facilitates transactions on and off its marketplaces by providing a mechanism that allows its users to send and receive payments online, as well as allows users to transfer money through their websites or on the apps. Read More 
 

Recent Analyst Ratings

DateBrokerageActionRatingPrice TargetDetails
10/2/2024BarclaysBoost Price TargetOverweight ➝ Overweight$2,100.00 ➝ $2,500.00
10/2/2024JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$2,400.00 ➝ $2,400.00
9/27/2024Raymond JamesInitiated CoverageOutperform$2,350.00
9/23/2024Cantor FitzgeraldReiterated RatingOverweight ➝ Overweight$2,530.00 ➝ $2,530.00
9/20/2024Morgan StanleyBoost Price TargetOverweight ➝ Overweight$2,175.00 ➝ $2,500.00
9/12/2024Bank of AmericaBoost Price TargetBuy ➝ Buy$2,250.00 ➝ $2,500.00
9/5/2024Cantor FitzgeraldInitiated CoverageOverweight$2,530.00
8/28/2024SusquehannaBoost Price TargetPositive ➝ Positive$2,300.00 ➝ $2,350.00
8/21/2024BTIG ResearchBoost Price TargetBuy ➝ Buy$2,025.00 ➝ $2,250.00
8/19/2024SusquehannaBoost Price TargetPositive ➝ Positive$2,000.00 ➝ $2,300.00
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