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Stock Market & Financial Investment News

News Breaks
February 28, 2014
06:58 EDTMELIMercadoLibre upgraded to Buy from Sell at Stifel
Stifel upgraded MercadoLibre two notches to Buy from Sell due to valuation, negative sentiment, increasing strategic value, and robust core business prospects, among other reasons. Price target is $130.
News For MELI From The Last 14 Days
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May 19, 2015
07:43 EDTMELIJPMorgan to hold a conference
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May 12, 2015
10:01 EDTMELIOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: AG Mortgage (MITT) downgraded to Market Perform from Outperform at Keefe Bruyette... Brookfield Renewable (BEP) downgraded to Underperform from Neutral at Credit Suisse... Emera (EMRAF) downgraded to Equal Weight from Overweight at Barclays... Fibria Celulose (FBR) downgraded to Neutral from Buy at Citigroup... First Marblehead (FMD) downgraded to Neutral from Buy at Compass Point... First Security (FSGI) downgraded to Market Perform from Outperform at Raymond James... Gap (GPS) downgraded to Market Perform from Outperform at FBR Capital... Intelsat (I) downgraded to Underweight from Equal Weight at Morgan Stanley... LivePerson (LPSN) downgraded to Neutral from Outperform at Credit Suisse... MercadoLibre (MELI) downgraded on valuation, difficult comps at Stifel... Midway Gold (MDW) downgraded to Underperform from Outperform at RBC Capital... Numerex (NMRX) downgraded to Market Perform from Outperform at Northland... Portland General Electric (POR) downgraded to Neutral from Overweight at JPMorgan... Rackspace (RAX) downgraded to Outperform from Buy at CLSA... Rosetta Resources (ROSE) downgraded to Sector Weight from Overweight at KeyBanc... SouFun (SFUN) downgraded to Hold from Buy at Deutsche Bank... Verizon (VZ) downgraded to Underperform from Neutral at Macquarie.
07:08 EDTMELIMercadoLibre downgraded on valuation, difficult comps at Stifel
As noted earlier, Stifel downgraded MercadoLibre to Hold from Buy. As reasons for the downgrade, the firm cited valuation and more difficult comps for initiatives recently launched by the company.
06:07 EDTMELIMercadoLibre downgraded to Hold from Buy at Stifel
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