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MercadoLibre (MELI) Stock: One Analyst Sees 72% Upside From Here – Here’s Why
By Trader Edge at 2026-06-09 12:42
Sentiment: Negative
TLDR Bank of America reiterated a Buy rating on MELI with a $2,400 price target MELI’s credit card portfolio more than doubled YoY in Q1 2026 to $6.6 billion, now 45% of total loan book BofA expects the credit card segment to post an EBIT loss of $443M in 2026 before reaching breakeven in 2028 [...] The post MercadoLibre (MELI) Stock: One Analyst Sees 72% Upside From Here – Here’s Why appeared first on CoinCentral. Continue reading...
Categories: Stocks
Tags: #Stocks
Source Coin Central