Citigroup Maintains Neutral on DLocal, Raises Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Ashwin Shirvaikar maintains a Neutral rating on DLocal (NASDAQ:DLO) and raises the price target from $15 to $16.

May 23, 2023 | 2:18 pm
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NEUTRAL IMPACT
Citigroup analyst Ashwin Shirvaikar maintains a Neutral rating on DLocal and raises the price target from $15 to $16.
The news of Citigroup maintaining a Neutral rating on DLocal and raising the price target from $15 to $16 is directly related to DLocal's stock. However, as the rating remains Neutral, the short-term impact on the stock price is expected to be neutral as well. The importance is high as price targets can influence investor sentiment, but the confidence is slightly lower due to the Neutral rating.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100