Susquehanna Maintains Positive on DLocal, Lowers Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst James Friedman maintains a Positive rating on DLocal (NASDAQ:DLO) but lowers the price target from $24 to $21.
March 20, 2024 | 3:58 pm
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Susquehanna maintains a Positive rating on DLocal but lowers the price target from $24 to $21.
While the maintenance of a Positive rating suggests continued confidence in DLocal's fundamentals and growth prospects, the reduction in the price target could signal a reassessment of the company's near-term valuation or potential headwinds. This mixed signal might lead to short-term market uncertainty, but the overall positive stance could mitigate negative impacts.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100