A Glimpse Into The Expert Outlook On DLocal Through 13 Analysts
Portfolio Pulse from Benzinga Insights
13 analysts have provided mixed opinions on DLocal (NASDAQ:DLO) over the past quarter, with a range of ratings from bullish to bearish. The average 12-month price target has decreased by 12.08% to $16.81. Analysts have recently lowered their price targets, reflecting changing market dynamics and company performance. DLocal has shown strong revenue growth and profitability but faces challenges in return on equity.

June 05, 2024 | 4:01 pm
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Analysts have mixed views on DLocal (NASDAQ:DLO) with a 12.08% drop in the average 12-month price target to $16.81. Recent analyst actions include lowering price targets, reflecting changing market dynamics and company performance. Despite strong revenue growth and profitability, DLocal faces challenges in return on equity.
The decrease in the average price target and the lowering of price targets by multiple analysts indicate a bearish sentiment in the short term. Despite strong revenue growth and profitability, the challenges in return on equity and the overall reduction in price targets suggest potential downward pressure on the stock price.
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