TOP-5 Price Targets of Analysts on 12.02.26
Reading Time: 3 minutes
MercadoLibre [US58733R1023] JPMorgan upgrades from "Neutral" to "Overweight" and raises the price target from 2650 to 2800 USD (35% price potential) The US bank justifies this decision mainly due to the significantly weaker performance of the stock compared to the MSCI LatAm index, making the valuation appear more attractive. Additionally, JPMorgan points out that the competitor Shopee recently raised its fees, which is seen as a clear signal for a more favorable competitive environment in the e-commerce sector of Latin America. Furthermore,...
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