MercadoLibre price target raised to $1850 from $1625 at Susquehanna

Susquehanna raised the firm’s price target on MercadoLibre to $1850 from $1625 and keeps a Positive rating on the shares. The firm met with management who believes that with their credit products under-index both on and off platform, and with continued improvement in their credit scoring aptitude, they’re poised to extend credit opportunistically.