JPMorgan Upgrades MercadoLibre (MELI) to Overweight

August 3, 2012 7:19 AM EDT Send to a Friend
Get Alerts MELI Hot Sheet
Price: $117.73 -1.83%

Rating Summary:
    5 Buy, 7 Hold, 1 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 11 | Down: 16 | New: 13
Trade MELI Now!
JPMorgan upgraded MercadoLibre (NASDAQ: MELI) from Neutral to Overweight with a price target of $100.00 (from $88.00).

For an analyst ratings summary and ratings history on MercadoLibre click here. For more ratings news on MercadoLibre click here.

Shares of MercadoLibre closed at $66.52 yesterday, with a 52 week range of $48.30-$104.50.


Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here



You May Also Be Interested In


Related Categories

Upgrades

Related Entities

JPMorgan

Add Your Comment