NasdaqGS:MELIMultiline Retail
MercadoLibre (MELI) Wins A Buy Reaffirmation, Is The Stock Still Cheap?
Analyst call puts MercadoLibre’s credit card push and Brazil growth in focus
MercadoLibre (MELI) is back in the spotlight after Bank of America Securities reaffirmed its Buy rating, tying its view to the expanding credit card business and faster growth in Brazil.
The firm highlighted long term return potential from MercadoLibre’s credit card operations, where the portfolio more than doubled year over year in Q1 2026 and now represents a meaningful slice of the loan book. At the same time,...