UBS Downgrades MercadoLibre to Neutral, Lowers Price Target to $2050

Benzinga Newsdesk www.benzinga.com Negative 89.7%

Neg 89.7% Neu 0% Pos 0%

UBS analyst Kaio Prato downgrades MercadoLibre (NASDAQ:MELI) from Buy to Neutral and lowers the price target from $2700 to $2050.