Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why DLocal Stock Is Soaring This Week

TheMotleyFool

0 0

Shares of emerging markets payments specialist DLocal (NASDAQ: DLO) rose 10% this week as of 11 a.m. ET on Friday, according to data provided by S&P Global Market Intelligence.

The main reason for this increase ties to a Goldman Sachs analyst upgrading the stock from neutral to buy, while raising their price target on DLocal from $12 to $19.

What makes this upgrade noteworthy for investors is that DLocal's stock has already spiked 76% in just the last six months, so the analyst believes there is still room to run.

Source Fool.com

Like: 0

DLO

Share