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Stock Market & Financial Investment News

News Breaks
November 2, 2012
09:19 EDTMELIMercadoLibre falls after missing consensus earnings estimates, levels to watch
The stock is down over 6.6% in the pre-market after the company missed estimates by a penny, coming in for its Q3 at 59 cents per share versus consensus of 60 cents. Revenues were also lighter than expected. Based on the current price of $80.60, next support would be at $79.54, and then at $78.82. Resistance is at $83.07.
News For MELI From The Last 14 Days
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June 19, 2013
06:47 EDTMELIMercadoLibre pricetarget raised to $151 from $123 at Piper Jaffray
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June 7, 2013
10:11 EDTMELIOn The Fly: Analyst Downgrade Summary
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06:10 EDTMELIMercadoLibre downgraded to Neutral from Overweight at JPMorgan
JPMorgan downgraded MercadoLibre with a $120 price target citing valuation.

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