Citi trims target, tech selloff
MELI is falling sharply alongside a heavy Nasdaq sell-off, with Citigroup's lowered price target on the stock adding analyst pressure to the move.
Sources: https://www.benzinga.com/news/26/10/62340636/citigroup-maintains-neutral-mercadolibre-lowers-price-target, https://news.futunn.com/hk/post/1001035198/mercadolibre-is-maintained-at-neutral-by-citigroup, h
Previous verdicts for MELI
- AI Search: Argentina risk tone weighs on MercadoLibre as peso softens — 2026-10-23
- MELI climbs quietly — 2026-10-20
- AI Search: Analyst Price Target Cuts Weigh Modestly on MercadoLibre — 2026-10-13
- AI Search: Argentina slowdown weighs on MercadoLibre sentiment — 2026-10-12
- MELI drifts up with market — 2026-10-09
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