Ratings by HSBC (Neha Agarwala)
| Date | Company | Symbol | Type | Rating (Past) |
PT (Past) |
Start $ (End $) |
% Chg. | Details |
|---|---|---|---|---|---|---|---|---|
| 3/5/2026 | AGI Inc | AGBK | New Coverage | Buy (Reduce) |
11.60 (7.28) |
-37.24% | Details | |
| 2/19/2026 | PicPay | PICS | New Coverage | Buy (N/A) |
14.37 (11.85) |
-17.54% | Details | |
| 8/14/2025 | DLocal Limited | DLO | Upgrade | Buy (Hold) |
10.97 (15.19) |
38.47% | Details | |
| 11/19/2024 | Nu Holdings (Nubank) | NU | Maintain | Buy (N/A) |
|
Details | ||
| 11/15/2024 | PagSeguro | PAGS | Maintain | Buy (N/A) |
|
Details | ||
| 4/5/2024 | DLocal Limited | DLO | Maintain | Hold (N/A) |
|
Details | ||
| 1/8/2024 | Nu Holdings (Nubank) | NU | Upgrade | Buy (Hold) |
8.57 (13.76) |
60.56% | Details | |
| 8/15/2023 | Inter & Co Inc. | INTR | Maintain | Buy (N/A) |
|
Details | ||
| 6/13/2023 | PagSeguro | PAGS | Upgrade | Buy (Hold) |
9.95 (9.25) |
-7.04% | Details | |
| 6/13/2023 | StoneCo Ltd. | STNE | Upgrade | Buy (Hold) |
12.70 (11.21) |
-11.73% | Details | |
| 4/13/2023 | DLocal Limited | DLO | Downgrade | Hold (Buy) |
13.55 (10.97) |
-19.04% | Details | |
| 12/21/2022 | DLocal Limited | DLO | Maintain | Buy (N/A) |
|
Details | ||
| 6/9/2022 | DLocal Limited | DLO | Maintain | Buy (N/A) |
|
Details | ||
| 6/9/2022 | XP Inc. | XP | Maintain | Buy (Buy) |
|
Details | ||
| 6/9/2022 | StoneCo Ltd. | STNE | Maintain | Hold (N/A) |
|
Details | ||
| 6/9/2022 | PagSeguro | PAGS | Maintain | Hold (N/A) |
|
Details | ||
| 6/9/2022 | Nu Holdings (Nubank) | NU | Maintain | Hold (N/A) |
|
Details | ||
| 3/21/2022 | StoneCo Ltd. | STNE | Maintain | Hold (N/A) |
|
Details | ||
| 3/1/2022 | XP Inc. | XP | Maintain | Buy (N/A) |
|
Details | ||
| 1/31/2022 | StoneCo Ltd. | STNE | Downgrade | Hold (Buy) |
13.87 (11.21) |
-19.18% | Details | |
| 1/31/2022 | PagSeguro | PAGS | Downgrade | Hold (Buy) |
20.00 (9.25) |
-53.75% | Details | |
| 1/31/2022 | DLocal Limited | DLO | Upgrade | Buy (Hold) |
25.15 (15.19) |
-39.6% | Details | |
| 1/31/2022 | XP Inc. | XP | Maintain | Buy (N/A) |
|
Details | ||
| 1/3/2022 | Nu Holdings (Nubank) | NU | New Coverage | Hold (N/A) |
9.40 (13.76) |
46.38% | Details | |
| 9/3/2021 | StoneCo Ltd. | STNE | Maintain | Buy (N/A) |
|
Details | ||
| 8/19/2021 | DLocal Limited | DLO | Maintain | Hold (N/A) |
|
Details | ||
| 6/3/2021 | PagSeguro | PAGS | Maintain | Buy (N/A) |
|
Details | ||
| 4/29/2021 | XP Inc. | XP | New Coverage | Buy (N/A) |
38.30 (16.92) |
-55.82% | Details | |
| 3/12/2021 | StoneCo Ltd. | STNE | Upgrade | Buy (Hold) |
70.71 (11.21) |
-84.15% | Details | |
| 3/27/2020 | StoneCo Ltd. | STNE | Upgrade | Hold (Reduce) |
25.53 (11.21) |
-56.09% | Details | |
| 11/11/2019 | PagSeguro | PAGS | Upgrade | Buy (Hold) |
33.03 (9.25) |
-72% | Details | |
| 9/17/2019 | PagSeguro | PAGS | Upgrade | Hold (Reduce) |
45.87 (9.25) |
-79.83% | Details |

