XP stock dips as Goldman downgrades on interest-rate prospects

Goldman Sachs downgraded XP Inc. due to concerns about higher rates in Brazil.

By: Seeking Alpha

May 06 2024
43
4491 Views

XP Inc. (NASDAQ:XP) shares drifted down 2.5% in Tuesday morning trading after Goldman Sachs downgraded the Brazilian investment bank to Neutral from Buy, "given risks that rates in Brazil can remain higher for longer." Median market expectations for ... [636 chars]

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