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Stock Market & Financial Investment News

News Breaks
January 27, 2014
13:17 EDTMELIMercadoLibre estimates lowered on Peso devaluation at Piper Jaffray
Piper Jaffray lowered its 2014 and 2015 earnings and revenue estimates for MercadoLibre by 5% to reflect the greater than expected devaluation of the Peso. Piper, however, believes Argentina's new online restrictions could have a slight near-term positive impact on the company. The firm lowered its price target for MercadoLibre shares to $133 from $140 and keeps an Overweight rating on the stock.
News For MELI From The Last 14 Days
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December 5, 2014
08:12 EDTMELIMercadoLibre management to meet with Deutsche Bank
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