Goldman Sachs Maintains Buy on DLocal, Lowers Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Tito Labarta maintains a Buy rating on DLocal (NASDAQ:DLO) but lowers the price target from $18 to $16.

May 15, 2024 | 11:22 am
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NEUTRAL IMPACT
Goldman Sachs analyst Tito Labarta maintains a Buy rating on DLocal but lowers the price target from $18 to $16.
The Buy rating suggests continued confidence in DLocal's long-term prospects, but the lowered price target indicates some caution about short-term performance. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100