HSBC upgrades DLocal to Buy, raises PT to $15 from $11.5

HSBC upgrades DLocal to Buy, raises PT to $15 from $11.5

In a significant move, HSBC Holdings plc has upgraded its rating for DLocal to "Buy" and increased its price target to $15 from $11.5. This decision comes after a strong performance by DLocal, a leading global payments platform, which has seen robust growth in its user base and transaction volumes [1].

HSBC's latest upgrade reflects the company's growing confidence in DLocal's ability to capitalize on the expanding digital payments market. The financial services giant has long been a supporter of DLocal, having invested in the company's growth and expansion into new markets. The upgrade to "Buy" and the higher price target indicate that HSBC believes DLocal's stock is undervalued and has significant upside potential [1].

DLocal's performance has been impressive, with the company reporting strong earnings and revenue growth in recent quarters. The company's focus on innovation and its ability to adapt to changing market conditions have been key factors in its success. HSBC's upgrade is a vote of confidence in DLocal's management team and its strategic vision [1].

The upgrade is also a reflection of the broader trend in the financial services industry, where companies are increasingly investing in digital payments and fintech solutions. DLocal's ability to provide a seamless and secure payments experience for businesses and consumers has made it a attractive investment opportunity [1].

While the upgrade is positive news for DLocal investors, it is important to note that the stock market is volatile and subject to various risks. Investors should carefully consider their investment objectives and risk tolerance before making any investment decisions [1].

References:

[1] https://www.marketbeat.com/instant-alerts/filing-entropy-technologies-lp-increases-stock-holdings-in-hsbc-holdings-plc-nysehsbc-2025-08-11/