Citi maintains 'Buy' rating on MercadoLibre, Inc. (MELI) due to improved credit quality and growth potential.

From Yahoo Finance: 2025-06-29 21:48:00

MercadoLibre, Inc. (NASDAQ:MELI) joins the Growth Stock Portfolio, with a ‘Buy’ rating from analyst Joao Soares on June 24, 2025. The company shows improved credit quality and a decline in delinquencies, projecting a 24.8% share price return. Its online platforms include Mercado Libre Marketplace and fintech service Mercado Pago.

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Read more: Citi Maintains ‘Buy’ Rating on MercadoLibre, Inc. (MELI)