MercadoLibre stock price today: MELI edges up after JPMorgan trims target — what investors watch next
MercadoLibre, Inc. traded 0.9% higher at $1,773.22 Monday, shrugging off a price target cut by JPMorgan to $2,650 from $2,800. The firm stuck with its Overweight call. Analyst Marcelo Santos called current margin softness “seems temporary,” pointing to MercadoLibre’s efforts amid stiffer competition in Brazil.
