Citi kept a Neutral rating on DLocal with a $17 price target following a transfer of coverage. The fintech space is still pressured and the stock’s valuation is unappealing, the analyst tells investors in a research note.
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Read More on DLO:
- DLocal price target lowered to $17 from $19 at HSBC
- DLocal price target lowered to $17 from $17.50 at JPMorgan
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- DLocal price target lowered to $17 from $18 at Barclays
- dLocal and Ebury expand partnership to offer efficient payment solutions in Africa’s largest markets
