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Can MercadoLibre Stock Get to $2,000?

TheMotleyFool 
0 0 02.03.26
Can MercadoLibre Stock Get to $2,000?Photo, wide shot, wide-angle lens, Cloud computing provider, Midday, harsh overhead sunlight, directional sunlightt, photo by Thomas Heaton: https://img.midjourneyapi.xyz/temp/893880f6-c6d9-4518-b1a0-f0be05207ac4.png
 

(NASDAQ: MELI) is an e-commerce powerhouse operating in Latin America and serving 18 countries in the region. It regularly reports strong growth across its business, which includes a large fintech segment, and it has a massive long-term opportunity.

It has a four-digit price tag, trading at $1,768 per share as of this writing. Is it headed to $2,000?

Image source: Getty Images.

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Source Fool.com

Mercadolibre Inc Stock

€1,586.8
-5.520%
Mercadolibre Inc took a tumble today and lost -€92.800 (-5.520%).
The stock is an absolute favorite of our community with 36 Buy predictions and no Sell predictions.
With a target price of 2294 € there is a positive potential of 44.57% for Mercadolibre Inc compared to the current price of 1586.8 €.
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