Goldman Sachs Maintains Buy on DLocal, Raises Price Target to $24
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Tito Labarta maintains a Buy rating on DLocal (NASDAQ:DLO) and raises the price target from $21 to $24.
August 17, 2023 | 12:15 pm
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POSITIVE IMPACT
Goldman Sachs maintains a Buy rating on DLocal and raises the price target from $21 to $24.
The news of Goldman Sachs maintaining a Buy rating on DLocal and raising the price target is likely to have a positive impact on DLocal's stock price. Investors often follow the recommendations of major investment banks like Goldman Sachs. The increase in the price target suggests that Goldman Sachs sees potential for the stock's price to rise, which could encourage investors to buy the stock, potentially driving up the price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100