XP Inc. Shares Decline Following Brazilian Presidential Election Results
Shares of XP Inc. experienced a significant decline on October 26, 2026, following the surprise election victory of Luiz Inácio Lula da Silva in Brazil.
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Morgan Stanley has downgraded XP Inc. to Equalweight and set a price target of $19.
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Shares of XP Inc. experienced a significant decline on October 26, 2026, following the surprise election victory of Luiz Inácio Lula da Silva in Brazil.
The Nasdaq 100 gains 1.2% as chipmakers rebound and Tesla jumps on an upgrade, while Brazil's EWZ sinks 21.7% after Lula's win. Yields ease.
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