---
title: "Mercadolibre (MELI) Gets a Buy from BTIG"
description: "According to TipRanks, Fong is a 2-star analyst with an average return of 0.8% and a 43.07% success rate. Fong covers the Consumer Cyclical sector, focusing on stocks such as Carvana Co, Mercadolibre,"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/263506789.md"
published_at: "2025-10-30T11:36:39.000Z"
---

# Mercadolibre (MELI) Gets a Buy from BTIG

> According to TipRanks, Fong is a 2-star analyst with an average return of 0.8% and a 43.07% success rate. Fong covers the Consumer Cyclical sector, focusing on stocks such as Carvana Co, Mercadolibre, and CarGurus. The word on The Street in general, suggests a Strong Buy analyst consensus rating for Mercadolibre with a $2,816.43 average price target, a 22.67% upside from current levels. In a report released today, Barclays also maintained a Buy rating on the stock with a $2,900.00 price target.

According to TipRanks, Fong is a 2-star analyst with an average return of 0.8% and a 43.07% success rate. Fong covers the Consumer Cyclical sector, focusing on stocks such as Carvana Co, Mercadolibre, and CarGurus.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Mercadolibre with a $2,816.43 average price target, a 22.67% upside from current levels. In a report released today, Barclays also maintained a Buy rating on the stock with a $2,900.00 price target.

### Related Stocks

- [MELI.US - Mercadolibre](https://longbridge.com/en/quote/MELI.US.md)

## Related News & Research

| Title | Description | URL |
|-------|-------------|-----|
| MercadoLibre's platform to sell, store products of Brazil food retailer Assai | MercadoLibre will start selling products from Brazilian food retailer Assai on its e-commerce platform in March. This pa | [Link](https://longbridge.com/en/news/275663461.md) |
| MercadoLibre, Inc. $MELI Shares Purchased by Aberdeen Group plc | Aberdeen Group plc increased its stake in MercadoLibre, Inc. (NASDAQ:MELI) by 18.2% in Q3, now owning 78,628 shares valu | [Link](https://longbridge.com/en/news/275999031.md) |
| Ryder System: Mispriced as Cyclical, Built to Monetize Control | Ryder System is positioned as a capital-backed operating partner, focusing on offloading complexity for customers rather | [Link](https://longbridge.com/en/news/276107574.md) |
| Oppenheimer & Co. Inc. Has $6.33 Million Position in MercadoLibre, Inc. $MELI | Oppenheimer & Co. Inc. increased its stake in MercadoLibre, Inc. (NASDAQ:MELI) by 79.9% in Q3, owning 2,710 shares value | [Link](https://longbridge.com/en/news/275595830.md) |
| Why did MercadoLibre stock pop -- then drop? | Is competition slackening for MercadoLibre stock? And does this make it a "buy?" | [Link](https://longbridge.com/en/news/275793390.md) |

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.