Jefferies analyst John Colantuoni maintained a Hold rating on Mercadolibre (MELI – Research Report) yesterday and set a price target of $1100.00. The company's shares closed last Monday at $1002.79, close to its 52-week low of $858.99. According to TipRanks.com, Colantuoni is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -17.1% and a 26.3% success rate. Colantuoni covers the Consumer Goods sector, focusing on stocks such as ACV Auctions, Carvana Co, and Vroom. Currently, the analyst consensus on Mercadolibre is a Strong Buy with an average price target of $1489.00.
https://www.tipranks.com/news/blurbs/mercadolibre-meli-gets-a-hold-rating-from-jefferies?utm_source=advfn.com&utm_medium=referral
MercadoLibre (NASDAQ:MELI)
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