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Cantor Fitzgerald analyst Deepak Mathivanan maintains MercadoLibre (NASDAQ:MELI) with a Overweight and lowers the price target from $2400 to $2350.
Barclays analyst Trevor Young maintains MercadoLibre (NASDAQ:MELI) with a Overweight and lowers the price target from $2600 to $2500.
Trump, in January, said "inflation has been defeated." Wall Street is now bracing for a 0.9% monthly CPI surge — the steepest since June 2022.
Jefferies analyst Alex Wright upgrades MercadoLibre (NASDAQ:MELI) from Hold to Buy and lowers the price target from $2800 to $2600.