Several analysts have issued reports on the company. Cantor Fitzgerald boosted their price target on MercadoLibre from $2,700.00 to $2,900.00 and gave the company an "overweight" rating in a report on Wednesday, September 24th. Citigroup lowered their price objective on MercadoLibre from $2,900.00 to $2,850.00 and set a "buy" rating on the stock in a research report on Monday, August 18th. JPMorgan Chase & Co. lifted their price objective on MercadoLibre from $2,600.00 to $2,700.00 and gave the company a "neutral" rating in a research report on Thursday, August 7th. Jefferies Financial Group restated a "hold" rating and set a $2,800.00 target price on shares of MercadoLibre in a research note on Tuesday, August 5th. Finally, Wall Street Zen cut shares of MercadoLibre from a "buy" rating to a "hold" rating in a research note on Sunday, June 22nd.