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MercadoLibre Downgraded On $53M Hit From Higher Brazilian Shipping Costs
Thursday, March 15, 2018 - 9:41am | 399Mercadolibre Inc (NASDAQ: MELI), an Argentinian e-commerce company with exposure to multiple Latin America countries including Brazil, faces a negative near-term catalyst that prompted Stifel to downgrade the stock. The Analyst Stifel's Scott Devitt downgraded MercadoLibre's stock...