JP Morgan Maintains Overweight on XP, Raises Price Target to $29
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Domingos Falavina has maintained an Overweight rating on XP Inc. and raised the price target from $28 to $29.
October 16, 2024 | 4:23 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
JP Morgan has maintained an Overweight rating on XP Inc. and increased the price target from $28 to $29, indicating a positive outlook.
The increase in price target from $28 to $29 by JP Morgan suggests a positive outlook for XP Inc. The Overweight rating indicates that the analyst expects the stock to outperform its peers. This is likely to have a positive short-term impact on the stock price as investors may view this as a vote of confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100