XP Inc. (NASDAQ:XP) is named one of the 10 Most Undervalued Foreign Stocks to Buy according to analysts. UBS raises price target on XP to $24, maintaining a ‘Buy’ rating. Analysts optimistic about XP’s outlook following a R$1 billion share repurchase program and cancellation of over 12 million treasury shares. Goldman Sachs projects double-digit revenue growth for XP due to consistent fixed income revenue.

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It’s noteworthy that XP Inc. (XP) remains on the list of the most undervalued stocks. Goldman Sachs forecasts continued growth for XP, driven by fixed income revenue and reduced reliance on equity markets. The cancellation of treasury shares is expected to enhance shareholder value. XP continues to show financial stability and reach through its operations.

Read more at Yahoo Finance: UBS Raises PT on XP Inc. (XP) to $24; Maintains ‘Buy’ Rating