Glonghui, April 24 | XP Group, Brazil's largest financial investment company, fell another 2% before the market, with a cumulative decline of 20% during the month. Damo lowered its XP rating from an increase in holdings to a wait-and-see rating, and the target price was adjusted from 31 US dollars to 24 US dollars. The bank said that the slowdown in XP business growth is unlikely to drive performance beyond the market in anticipation of higher long-term interest rates.
美股异动丨XP盘前再跌2% 月内已累跌20% 遭大摩下调目标价
Changes in US stocks | XP fell another 2% before the market and fell 20% within the month, and Damo lowered its target price
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