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Stock Market & Financial Investment News

News Breaks
March 31, 2014
06:01 EDTMELIMercadoLibre initiated with a Sell at Citigroup
Citigroup initiated shares of MercadoLibre (MELI) with a Sell rating saying the company's sales are likely to grow only 9% in 2014 given the foreign currency risk in Venezuela and overall weakness of other Latin American currencies. Citi has an $80 price target for shares.
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