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DLocal price target raised to $18 from $16 at Susquehanna

Susquehanna raised the firm’s price target on DLocal (DLO) to $18 from $16 and keeps a Positive rating on the shares. The firm said its quarterly results were a good start well aheaad of plan as all KPIs came in sharply ahead. Susquehanna said its long-term investment thesis is supported by powerful economic, demographic and technological shifts.

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