William O'Neil initiates coverage of MercadoLibre at 'buy'

  • Investing.com
William O'Neil initiates coverage of MercadoLibre at 'buy'

An analyst from William O'Neil initiated coverage of MercadoLibre (NASDAQ: MELI ) at 'buy' .

Prior to this rating, MercadoLibre had 18 buy ratings, 4 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 -99.91% in the last month and up 28.30% in the last 12 months.

According to Investing Pro, MercadoLibre's fair value is $1.25K, an upside of -9.80%. MercadoLibre's fair value comes with a medium degree of uncertainty, according to InvestingPro.

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

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