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Vtex downgraded to Neutral from Overweight at JPMorgan

JPMorgan downgraded Vtex (VTEX) to Neutral from Overweight with a price target of $6, down from $7.50. The company posed weak growth in Q2 due to deterioration in Argentina and Brazil, the analyst tells investors in a research note. The firm says Vtex reduced its already soft growth outlook for 2025, creating low visibility for 2026.

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