Benchmark Analysts Set $2,500 Price Target on MercadoLibre Amid Strong Growth Benchmark has initiated coverage on MercadoLibre with a "Buy" rating and a $2,500 price target, reflecting confidence in the Latin American e-commerce giant's expansion. The company, currently trading around $2,099, has seen robust revenue growth and maintains high gross margins, fueling analyst optimism for continued market leadership and profitability.1