Mercado Libre, Inc. (MELI) Misses Q4 EPS by 4c

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MercadoLibre (MELI) PT Raised to $165 at Piper Jaffray Post Q4; Key Metrics Accelerate

February 26, 2015 11:14 AM EST

Piper Jaffray analyst Gene Munster reiterated an Overweight rating and boosted his price target on MercadoLibre (NASDAQ: MELI) to $165.00 (from $155.00) following Q4 results which showed key metrics accelerated across the board.

Munster commented, "MercadoLibre reported Dec-14 numbers that showed acceleration across the board,... More