MercadoLibre (MELI) Tops Q4 EPS by 24c

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MercadoLibre (MELI) PT Raised to $220 at Stifel Amid 'Impressive' Qtr

February 24, 2017 9:46 AM EST

Stifel raised its price target on MercadoLibre (NASDAQ: MELI) to $220.00 (from $185.00) while maintaining a Hold rating followign results.

Analyst Scott Devitt commented, "MercadoLibre capped a strong year with another impressive quarter. MercadoLibre has positioned itself as the leading eCommerce platform in Latin America... More

MercadoLibre (MELI) PT Raised to $211 at Cowen on 4Q Revenue Beat

February 24, 2017 6:39 AM EST

Cowen and Co. analyst Thomas Champion reiterates Market Perform rating and raises price target on MercardoLibre Inc. (NASDAQ: MELI) to $211 (from $192), noting the companys marketplace, payments and logistics working in concert, as management reported 2016 fourth quarter revenues above consensus projections.

Champion comments,... More