Barclays Maintains Equal-Weight on DLocal, Lowers Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst John Coffey maintains an Equal-Weight rating on DLocal (NASDAQ:DLO) but lowers the price target from $14 to $8.
August 06, 2024 | 1:33 pm
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Barclays analyst John Coffey maintains an Equal-Weight rating on DLocal but lowers the price target from $14 to $8.
The lowered price target from $14 to $8 by Barclays suggests a negative outlook on DLocal's future performance, which is likely to put downward pressure on the stock price in the short term.
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