XP Inc: Balanced Hold Rating Amid Revenue Growth and Market Challenges
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Bank of America Securities analyst Mario Pierry maintains a Hold rating on XP Inc due to mixed financial performance. Despite revenue growth, challenges like EBT margin contraction and macroeconomic uncertainties persist. Pierry's balanced assessment reflects XP's market position amid pressures on equities and fixed income revenues. TipRanks rates Pierry as a 2-star analyst with a 0.6% average return. Another report also reiterates a Hold rating with a $21.50 price target.
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