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Analysts at Credit Suisse upgraded
Mercadolibre IncMELI from Neutral to Outperform.
The price target for Mercadolibre has been raised from $136.00 to $191.00.
Mercadolibre shares have gained 55.69 percent over the past 52 weeks, while the S&P 500 index has surged 12.28 percent in the same period.
Mercadolibre shares jumped 2.60 percent to $140.41 in pre-market trading.
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