XP Likely To Post Higher Q2 Earnings; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts
Portfolio Pulse from Lisa Levin
XP Inc. is expected to report higher Q2 earnings with an estimate of 38 cents per share, up from 35 cents per share a year ago. Revenue is projected at $720.6 million, compared to $641.29 million in the same period last year. XP shares fell 1.4% to close at $25.32 on Friday. Analysts from B of A Securities, Banco Bradesco BBI SA, and Citigroup have recently changed their ratings and price targets for the stock.
August 14, 2023 | 12:46 pm
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XP Inc. is expected to report higher Q2 earnings. Analysts have recently changed their ratings and price targets for the stock, which could influence its price in the short term.
The expected increase in Q2 earnings could have a positive impact on XP's stock price. However, recent changes in analyst ratings and price targets, including downgrades and price target cuts, could create uncertainty and potentially have a negative impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100