Evercore ISI Group Maintains Outperform on StoneCo, Raises Price Target to $19
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Sheriq Sumar maintains an Outperform rating on StoneCo (NASDAQ:STNE) and raises the price target from $16 to $19.
May 18, 2023 | 12:23 pm
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POSITIVE IMPACT
Evercore ISI Group maintains an Outperform rating on StoneCo and raises the price target from $16 to $19.
The news of Evercore ISI Group maintaining an Outperform rating on StoneCo and raising the price target from $16 to $19 indicates a positive outlook for the company's stock. This could lead to an increase in investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100