Credit Suisse Analyst Reiterates Buy Rating on Mercadolibre, MELI Stock
Alert on MELI:
The scanners at ConsumerStockMovers.com,
with the help of Tipranks.com,
found the following stock rating has recently occurred regarding this top healthtech stock. ConsumerStockMovers.com keeps investors informed about consumer discretionary stocks, consumer cyclical stocks, and consumer staples stocks.
analyst at Credit Suisse
reiterates coverage on Mercadolibre (MELI) stock
in the Consumer Goods
sector with a Buy rating
rated as a 4.7
star analyst with a 49%
return on investment and a 12.5%
success rate. Ju
has set a price target of $ 1430.
reports that Mercadolibre stock
currently has 13
analysts offering 12-month price targets and the consensus is a Strong Buy
rating with an average price target for MELI's stock is $1,298.46.
The target pricing ranges from a high forecast of $2,000.00
down to a low forecast of $800.00. Mercadolibre (MELI)
’s stock last closing price was $827
which would put the average price target at 56.82%
In addition, TradingView
issued a Buy
rating for MELI'
s stock over the next month, Barchart.com
has a sell rating
and Yahoo! Finance
has a Bullish short-term outlook
. Remember, securities are volatile, so please do your own research on MELI stock. Click here for the full story on MELI stock >>TipRanks.com
tracks and measures the performance of over 50,000 financial experts. The TipRanks Star Ranking TM
is calculated based on expert success rate, average return and statistical significance. Get more from TipRanks.com here >>
This article was pulled from consumerstockmovers.com as they are an authority in the Consumer Stock Sector. ConsumerStockMovers.com (CSM) is a no cost internet site and email newsletter built for investors who are interested in consumer discretionary stocks, consumer cyclical stocks, and consumer staples stocks.
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