** Shares of Uruguayan fintech dLocal DLO.O slump 33.3%, hitting their lowest since November
** DLO on Thursday posted Q4 profit below analysts' expectations for the second straight quarter
** Morgan Stanley downgrades DLO to "equal-weight" from "overweight" following results, saying it still likes the long-term growth story but waits for a better entry point
** Adds that DLO expenses grew higher-than-expected and 2025 outlook seems softer than consensus expectations
** Brokerage expects valuation to take a breather following a 60% rally over the past six months
** Avg rating of nine analysts is "hold," median PT is $11.25 — LSEG data
** DLO stock down 15.8% YTD
(Reporting by Arasu Kannagi Basil in Bengaluru)
((ArasuKannagi.Basil@thomsonreuters.com))
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