Weiss Reissues Hold as MercadoLibre Beats EPS and Revenue Rises
Weiss Ratings reissued a hold (c) rating on MercadoLibre, while Cantor Fitzgerald raised its target price. Analysts show broad Buy coverage alongside some Holds, and the stock fell 2.6%. MercadoLibre reported quarterly earnings of $9.19 per share, beating estimates, with revenue up 49.8% year over year.