B of A Securities Maintains Buy on XP, Lowers Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Mario Pierry maintains a Buy rating on XP Inc. (NASDAQ:XP) but lowers the price target from $31 to $25.
June 17, 2024 | 4:41 pm
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B of A Securities analyst Mario Pierry maintains a Buy rating on XP Inc. but lowers the price target from $31 to $25.
The Buy rating suggests continued confidence in XP Inc.'s long-term prospects, but the lowered price target indicates a more cautious short-term outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100