Scotiabank Maintains Sector Outperform on MercadoLibre, Lowers Price Target to $2800

Benzinga Newsdesk www.benzinga.com Negative 95.2%

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Scotiabank analyst Hector Maya maintains MercadoLibre (NASDAQ:MELI) with a Sector Outperform and lowers the price target from $3500 to $2800.