MercadoLibre Inc. (NASDAQ:MELI) is one of the stocks that should double in 3 years. On October 21, Barclays analyst Trevor Young lowered the firm’s price target on MercadoLibre to $2,800 from $3,000 and kept an Overweight rating on the shares as part of a broader Q3 2025 earnings preview. Barclays believes that the rising competitive intensity and income estimate cuts are weighing on the company. Barclays Lowers Price Target on MercadoLibre (MELI) to $2,800, Cites Competitive Intensity, Investment Mode E ...