Citigroup Maintains Neutral on DLocal, Maintains $17 Price Target
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Ashwin Shirvaikar maintains a Neutral rating on DLocal (NASDAQ:DLO) and keeps the price target at $17.

April 19, 2024 | 3:42 pm
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NEUTRAL IMPACT
Citigroup maintains a Neutral rating on DLocal with a $17 price target.
The maintenance of a Neutral rating and a steady price target by a major analyst like Citigroup suggests no significant short-term price movement is expected. The analysis indicates stability in DLocal's outlook, with the reaffirmed price target reflecting an unchanged valuation perspective.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 90