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.

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Source Fool.com