UPDATE: Piper Jaffray Raises PT on MercadoLibre on Secular Growth Drivers
June 19, 2013 at 10:52 AM EDT
In a report published Wednesday, Piper Jaffray analyst Gene Munster reiterated an Overweight rating on MercadoLibre (NASDAQ: MELI ), and raised the price target from $123.00 to $151.00. In the report, Piper Jaffray noted, “The key long term question for shares of MELI is what should the leader in Latin