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Evaluating MercadoLibre: Insights From 10 Financial Analysts

Benzinga ·  Apr 24 13:01

MercadoLibre (NASDAQ:MELI) has been analyzed by 10 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.

The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.

BullishSomewhat BullishIndifferentSomewhat BearishBearish
Total Ratings28000
Last 30D01000
1M Ago21000
2M Ago03000
3M Ago03000

Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $1949.0, with a high estimate of $2150.00 and a low estimate of $1800.00. Surpassing the previous average price target of $1930.00, the current average has increased by 0.98%.

price target chart

Understanding Analyst Ratings: A Comprehensive Breakdown

In examining recent analyst actions, we gain insights into how...

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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