New Street lowered the price target for the MercadoLibre Inc. (NASDAQ:MELI) stock to ‘a Buy’. The rating was released on June 06, 2023, according to finviz. We previously noted in another research note published on January 07, 2023 by Jefferies that downgraded the stock from a Buy to a Hold with a price target of $1250 for MELI stock. The research report from Scotiabank has upgraded the stock from Sector Perform to Sector Outperform, with a price target set at $2100. The stock was initiated by DZ Bank, who disclosed in a research note on June 09, 2021, to Buy and set the price objective to $1900.
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