MercadoLibre (MELI) Shares Rose 9% Following Q4 Beat
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Go back to MercadoLibre (MELI) Shares Rose 9% Following Q4 Beat
February 23, 2022 6:28 AM EST
Stifel analyst Scott Devitt lowered the price target on MercadoLibre (NASDAQ: MELI) to $1,400.00 (from $1,600.00) while maintaining a Buy rating following results.
The analyst commented, "Against another difficult prior year compare, MercadoLibre delivered revenue and TPV results that exceeded expectations (GMV in... More
February 22, 2022 4:20 PM EST
MercadoLibre (NASDAQ: MELI) reported Q4 EPS of $1.67, $0.72 better than the analyst estimate of $0.95. Revenue for the quarter came in at $2.1 billion versus the consensus estimate of $2.02 billion.
For earnings history and earnings-related data on MercadoLibre (MELI) click here.
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February 22, 2022 8:18 AM EST
UBS analyst Gustavo Piras Oliveira lowered the price target on MercadoLibre (NASDAQ: MELI) to $1,600.00 (from $2,100.00) while maintaining a rating.... More
February 22, 2022 12:57 AM EST
(Updated - February 22, 2022 12:58 AM EST)
Credit Suisse analyst Stephen Ju lowered the price target on MercadoLibre (NASDAQ: MELI) to $1,675.00 (from $2,200.00) while maintaining a Outperform rating.
The analyst comments "We have modestly raised our 4Q21 GMV estimates to reflect 4% QOQ growth (19% YOY FXN) for Brazil, and our 2022 forecast for 8% YOY growth over 2021 (vs. prior 6%... More
