Ratings by HSBC (Neha Agarwala)

Date CompanySymbol 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