B of A Securities Maintains Neutral on DLocal, Lowers Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Jason Kupferberg maintains a Neutral rating on DLocal (NASDAQ:DLO) but lowers the price target from $18 to $15.
May 16, 2024 | 4:56 pm
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NEGATIVE IMPACT
B of A Securities has maintained a Neutral rating on DLocal but has lowered the price target from $18 to $15, indicating a less optimistic outlook.
The lowered price target from $18 to $15 by B of A Securities suggests a less optimistic outlook for DLocal, which could negatively impact investor sentiment and short-term stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100