BTIG Lowers Price Target for MercadoLibre (MELI) Amid Margin Adjustments

On May 10, BTIG reduced its price target on MercadoLibre Inc. (NASDAQ:MELI) to $2,150 from $2,400 following Q1 results and revised margin expectations near the 7% level. The firm maintained a 'Buy' rating due to long-term growth potential despite short-term investment intensity.

By Rameen Kasana Sat, May 16, 2026 at 6:26 PM GMT+3 2 min read · Yahoo Finance · May 16, 2026, 15:26 UTC

BTIG Lowers Price Target for MercadoLibre (MELI) Amid Margin Adjustments

Tickers: $MELI

Topics: analyst rating price target cut stock analysis

Read the full article at Yahoo Finance

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