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JPMorgan Stays Bullish on DLocal Limited (DLO) as Cross-Border Payments Growth Continues

JPMorgan Stays Bullish on DLocal Limited (DLO) as Cross-Border Payments Growth Continues

We recently published an article titled 13 High Growth Cloud Stocks to Buy. On February 2, JPMorgan lowered its price target on DLocal Limited (NASDAQ:DLO) to $18 from $18.50 while maintaining an Overweight rating on the shares. The firm expects quarterly results to be solid, though tougher year-over-year comparisons could limit upside surprises in payment [...]

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