Wedbush Lowers MercadoLibre (MELI) Price Target amid Ongoing Investment Spending

MercadoLibre, Inc. (NASDAQ:MELI) is included among the 14 Best GARP Stocks to Buy According to Analysts. Wedbush Lowers MercadoLibre (MELI) Price Target amid Ongoing Investment Spending Photo by Vitaly Taranov on Unsplash On February 25, Wedbush analyst Scott Devitt lowered the price recommendation on MercadoLibre, Inc. (NASDAQ:MELI) to $2,400 from $2,600. The analyst reiterated an Outperform rating on the shares. The firm said the company reported mixed results compared with expectations. Wedbush noted ...