A number of equities analysts have weighed in on MELI shares. Benchmark reaffirmed a "buy" rating and set a $2,875.00 target price on shares of MercadoLibre in a research note on Tuesday, August 5th. Barclays cut their price target on shares of MercadoLibre from $3,100.00 to $3,000.00 and set an "overweight" rating on the stock in a report on Wednesday, July 23rd. Wall Street Zen cut shares of MercadoLibre from a "buy" rating to a "hold" rating in a report on Sunday, June 22nd. Susquehanna reiterated a "positive" rating and set a $2,975.00 price target (up previously from $2,840.00) on shares of MercadoLibre in a report on Thursday, June 26th. Finally, JPMorgan Chase & Co. increased their price target on shares of MercadoLibre from $2,600.00 to $2,700.00 and gave the company a "neutral" rating in a report on Thursday, August 7th.