MercadoLibre Hits High As JPMorgan Gives E-Commerce Firm Thumbs Up - Investor's Business Daily

MercadoLibre Hits High As JPMorgan Gives E-Commerce Firm Thumbs Up - Investor's Business Daily

Investor's Business Daily

MercadoLibre Hits High As JPMorgan Gives E-Commerce Firm Thumbs Up
Investor's Business Daily
Argentina-based e-commerce company MercadoLibre (MELI) surged to an all-time high Friday as JPMorgan upgraded the stock to overweight from neutral and set a price target of 200. MercadoLibre stock rose 7.2% to 186.16 in the stock market today.

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