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flag DLocal's stock surged 8.8% to $9.38 after analysts upgraded its rating and short interest fell.

flag DLocal, a payment processing company, saw its stock rise by 8.8% on Monday, reaching $9.38 per share. flag Analysts from Goldman Sachs and JPMorgan recently upgraded the company's rating, with JPMorgan setting a new target price of $18.00. flag DLocal's recent earnings report met analysts' expectations, with a quarterly EPS of $0.15. flag The stock is expected to report 0.47 EPS for the year. flag Short interest in DLocal significantly dropped by 21.5% in February.

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