New Street Research Upgrades DLocal to Buy, Announces $24 Price Target
Portfolio Pulse from Benzinga Newsdesk
New Street Research analyst Soomit Datta has upgraded DLocal (NASDAQ:DLO) from Neutral to Buy and set a price target of $24.

January 09, 2024 | 12:04 pm
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DLocal has been upgraded from Neutral to Buy by New Street Research, with a new price target of $24.
Upgrades by analysts typically lead to a positive short-term reaction in the stock price as they suggest a better outlook for the company. The new price target of $24 indicates a potential upside from the current trading price, which can attract investors and drive up the stock price.
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