Wedbush Lowers Price Goal On MercadoLibre, Inc. (MELI)

Group 1 - Wedbush has lowered its price target for MercadoLibre, Inc. from $2,800 to $2,700 while maintaining an Outperform rating on the stock [1][2] - The firm identifies MercadoLibre as a top choice, focusing on competitive dynamics and demand patterns in its primary markets [2] - Increased expenses are anticipated in 2026 due to higher sales and marketing costs and logistical investments [2] Group 2 - MercadoLibre signed a business deal with Agility Robotics to integrate the Digit humanoid robot into its San Antonio, Texas plant, initially focusing on commerce fulfillment tasks [3] - The collaboration aims to explore further applications of AI-powered humanoid robots in logistics operations across MercadoLibre's warehouse system in Latin America [3] Group 3 - MercadoLibre is the largest e-commerce marketplace in Latin America, boasting around 150 million active users and over 600 million active listings [4] - While MercadoLibre shows investment potential, certain AI stocks are considered to offer greater upside potential with less downside risk [4]