UBS Upgrades DLocal to Neutral, Lowers Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Mariana Taddeo has upgraded DLocal (NASDAQ:DLO) from Sell to Neutral and lowered the price target from $13 to $9.
June 20, 2024 | 4:30 pm
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NEUTRAL IMPACT
UBS analyst Mariana Taddeo has upgraded DLocal from Sell to Neutral and lowered the price target from $13 to $9.
The upgrade from Sell to Neutral suggests a more positive outlook on DLocal's performance, which could stabilize the stock price. However, the lowered price target indicates tempered expectations for growth, balancing the overall impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100