XP shares are trading higher after JP Morgan raised its price target on the stock from $18.50 to $27.
Portfolio Pulse from Benzinga Newsdesk
JP Morgan has raised its price target on XP's stock from $18.50 to $27, leading to a rise in XP's shares.
August 23, 2023 | 6:20 pm
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POSITIVE IMPACT
JP Morgan's raised price target on XP's stock has led to an increase in the trading price of XP's shares.
The increase in JP Morgan's price target for XP's stock indicates a positive outlook for the company, which has led to an increase in the trading price of XP's shares. This suggests that investors are reacting positively to JP Morgan's revised price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100