New Street Research analyst Soomit Datta maintains MercadoLibre (NASDAQ:MELI) with a Buy and lowers the price target from $1700 to $1100.
US Stocks Edge Higher; NY Empire State Manufacturing Index Falls In July
U.S. stocks traded slightly higher this morning, with the Dow Jones moving higher by around 20 points on Monday.
Following the market opening Monday, the Dow traded up 0.06% to 34,529.57 while the NASDAQ rose 0.25% to 14,149.04. The S&P 500, also rose, gaining, 0.06% to 4,508.18.