Sentiment: Positive
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MercadoLibre (MELI) Stock Rises 4% After Q2 Earnings Beat and JPMorgan Upgrade
By Trader Edge at 2026-10-03 20:11
Sentiment: Positive
TLDR JPMorgan raised its MELI price target from $1,900 to $2,150, maintaining a “neutral” rating with ~13% implied upside from $1,897.51. MELI stock rose 4% to $1,897.51 following strong Q2 earnings that beat on both EPS and revenue. Q2 EPS came in at $9.19 vs. $8.65 expected; revenue hit $10.17 billion, up 49.8% year over [...] The post MercadoLibre (MELI) Stock Rises 4% After Q2 Earnings Beat and JPMorgan Upgrade appeared first on CoinCentral. Continue reading...
Categories: Stocks
Tags: #Stocks
Source Coin Central