MercadoLibre (MELI) shares slide despite Q1 profit and revenue rising

Go back to MercadoLibre (MELI) shares slide despite Q1 profit and revenue rising

MercadoLibre (MELI) PT Raised to $1,600 at BTIG

May 4, 2023 7:28 AM EDT

BTIG analyst Marvin Fong raised the price target on MercadoLibre (NASDAQ: MELI) to $1,600.00 (from $1,400.00) while maintaining a Buy rating.... More

MercadoLibre (MELI) PT Raised to $1,730 at Credit Suisse

May 4, 2023 5:44 AM EDT

Credit Suisse analyst Stephen Ju raised the price target on MercadoLibre (NASDAQ: MELI) to $1,730.00 (from $1,700.00) while maintaining a Outperform rating.... More

MercadoLibre (MELI) PT Raised to $1,575 at Barclays

May 4, 2023 4:22 AM EDT

Barclays analyst Trevor Young raised the price target on MercadoLibre (NASDAQ: MELI) to $1,575.00 (from $1,525.00) while maintaining a Overweight rating.... More

After-hours movers: PacWest tanks on possible sale, Qorvo gains on EPS

May 3, 2023 5:33 PM EDT

After-Hours Stock Movers:

PacWest Bancorp (NASDAQ: PACW) 53% LOWER; weighing its strategic options including a possible a sale amid concerns about its financial health, Bloomberg reported.

Western Alliance Bancorporation (NYSE: WAL) 27% LOWER; sinks on reports PacWest is now for sale.

Zions Bancorporation (NASDAQ: ZION) 11% LOWER; sinks on reports PacWest is now for sale.

SolarEdge Technologies (NASDAQ:... More

MercadoLibre (MELI) Tops Q1 EPS by 116c

May 3, 2023 4:04 PM EDT

MercadoLibre (NASDAQ: MELI) reported Q1 EPS of $3.97, $1.16 better than the analyst estimate of $2.81. Revenue for the quarter came in at $3 billion versus the consensus estimate of $2.87 billion.

For earnings history and earnings-related data on MercadoLibre (MELI) click here.

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MercadoLibre (MELI) PT Lowered to $1,700 at Credit Suisse

May 2, 2023 5:34 AM EDT

Credit Suisse analyst Stephen Ju lowered the price target on MercadoLibre (NASDAQ: MELI) to $1,700.00 (from $1,750.00) while maintaining a Outperform rating.... More