JP Morgan Maintains Neutral on DLocal, Lowers Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Guilherme Grespan maintains a Neutral rating on DLocal (NASDAQ:DLO) but lowers the price target from $17 to $14.
May 29, 2024 | 11:48 am
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JP Morgan analyst Guilherme Grespan maintains a Neutral rating on DLocal but lowers the price target from $17 to $14.
The lowered price target from $17 to $14 by JP Morgan suggests a less optimistic outlook for DLocal, which could negatively impact investor sentiment and the stock price in the short term.
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