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July 14, 2013
13:39 EDTMELIMercadoLibre could drop 50% or more, Barron's reports
MercadoLibre could drop 50% or more if Venezuelan and Argentine results were shown at market currency exchange rates, instead of official currency exchange rates, Barron's contends in a feature article. Reference Link
News For MELI From The Last 14 Days
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October 31, 2014
10:51 EDTMELIHigh option volume stocks
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10:00 EDTMELIOn The Fly: Analyst Upgrade Summary
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09:10 EDTMELIOn The Fly: Pre-market Movers
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08:26 EDTMELIMercadoLibre price target raised to $155 from $130 at Stifel
Stifel increased its price target on MercadoLibre after the company reported stronger than expected Q3 results which the firm views as impressive. The firm thinks the company is well-positioned to benefit from eCommerce growth in the Latin America regio. It keeps a Buy rating on the shares.
07:21 EDTMELIMercadoLibre upgraded to Buy from Underperform at BofA/Merrill
BofA/Merrill upgraded MercadoLibre two notches to Buy from Underperform with a $150 price target, up from $77. The firm upgraded shares citing the strong Q3 report, improving trends, and a dramatically better outlook for Brazil.
October 30, 2014
18:39 EDTMELIOn The Fly: After Hours Movers
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16:09 EDTMELIMercadoLibre reports Q3 EPS 76c, consensus 65c
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