MercadoLibre stock price today: MELI edges up after JPMorgan trims target — what investors watch next
MercadoLibre shares rose 0.9% to $1,773.22 Monday after JPMorgan cut its price target to $2,650, citing margin pressure in Brazil but kept an Overweight rating. Investors are watching oil-driven inflation and upcoming events, including a March 24 conference and a provisional May 7 earnings date.