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Nordea boosts MercadoLibre stake to $220M amid strong Q4 growth and mixed analyst ratings.

Market News
23 Mar 2026
Defense World
View Source
Neutral
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Nordea Investment Management increased its holdings in MercadoLibre by 4.2% to about $220 million in Q4, reflecting confidence in the Latin American e-commerce and fintech leader. MercadoLibre reported a 44.6% revenue increase to $8.76 billion but missed EPS estimates, signaling mixed financial results. Several analysts have adjusted their ratings and price targets, with a consensus moderate buy rating and an average target price around $2,709. Institutional investors hold nearly 88% of the stock, highlighting strong market interest. The company’s integrated marketplace and fintech services continue to drive growth in Latin America.

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