New Street Research downgrades MercadoLibre to Neutral

  • Investing.com
New Street Research downgrades MercadoLibre to Neutral

A New Street Research analyst downgraded MercadoLibre (NASDAQ: MELI) from Buy to Neutral with a price target of $No data.

Prior to this rating, MercadoLibre had 18 buy ratings, 1 hold ratings, and 0 sell ratings.

For consensus analyst estimates and price targets on MercadoLibre, click here. For more news on MercadoLibre, click here.

MercadoLibre's stock price closed at $1.00. They are down -99.92% in the last month and up 6.56% in the last 12 months.

According to Investing Pro, MercadoLibre's fair value is $1.08K, an upside of -13.69%. MercadoLibre's fair value comes with a medium degree of uncertainty, according to InvestingPro.

Check out MercadoLibre's recent earnings performance and financials here.

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or

100

Related Articles