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Fly News Breaks for January 6, 2020
Jan 6, 2020 | 08:59 EDT
JPMorgan analyst Domingos Falavina initiated coverage of XP Inc. with an Overweight rating and $44 price target. The company is "rapidly" growing as clients move away from traditional banks to independent investment advisors, Falavina tells investors in a research note. Hisanalysis indicates that XP offers the broadest range of investment alternatives to its clients at more competitive price.
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