MercadoLibre (MELI) Tops Q2 EPS by $1.09

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Go back to MercadoLibre (MELI) Tops Q2 EPS by $1.09

MercadoLibre (MELI) PT Raised to $1,191 at Cowen

August 11, 2020 6:32 AM EDT

Cowen analyst Thomas Champion raised the price target on MercadoLibre (NASDAQ: MELI) to $1,191.00 (from $1,069.00) while maintaining a Market Perform rating.

The analyst commented, "MELI 2Q results beat consensus est's on GMV, revenue, TPV and EBITDA driven by greater adoption of eCommerce and... More