What happened Shares of Argentine e-commerce star MercadoLibre (NASDAQ: MELI) are shooting higher Monday, up 3.9% as of 1:35 p.m. EST after analysts at investment bank Credit Suisse gave the stock a lift -- and a higher price target. So what MercadoLibre stock, which sells for just under $1,700 currently, will be worth $1,925 a share within 12 months, argues Credit Suisse in a note covered today on TheFly.com. CS cites an unspecified preannouncement of fourth-quarter earnings results (the official results are due out this evening, after close of trading), arguing that the company's anticipation of an operating loss for Q4 implies that MercadoLibre is not concerned with making a profit right now, but rather is returning to "the more aggressive growth path it set out for itself back in 2017," reports TheFly. Image source: Getty Images. Now what Most analysts who follow the stock are still hoping that MercadoLibre will report both revenue growth and a profit, however. According to the latest collation of estimates prepared by Yahoo! Finance, MercadoLibre's expected to report a $0.05-PER-SHARE profit this evening, and 79% sales growth to $1.2 billion. If CS is right, however, it may not matter if MercadoLibre misses on earnings tonight, so long as its sales growth rate is sufficiently speedy -- basically a "heads MercadoLibre wins, tails it doesn't lose" prediction. Investors seem to like the sound of that. 10 stocks we like better than MercadoLibreWhen investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and MercadoLibre wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of February 24, 2021 Rich Smith has no position in any of the stocks mentioned. The Motley Fool owns shares of and recommends MercadoLibre. The Motley Fool has a disclosure policy.Source