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February 22, 2013
09:13 EDTMELIMercadoLibre should be bought on weakness around results, says Pacific Crest
Pacific Crest believes that MercadoLibre may report weaker than expected Q4 results, but the firm expects the company to sustain growth in the high 20%-30% range over the long-term. The firm maintains an Outperform rating on the shares.
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