Susquehanna Maintains Positive on StoneCo, Raises Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst James Friedman maintains a Positive rating on StoneCo (NASDAQ:STNE) and raises the price target from $17 to $20.
May 18, 2023 | 1:19 pm
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POSITIVE IMPACT
Susquehanna analyst James Friedman maintains a Positive rating on StoneCo and raises the price target from $17 to $20.
The news of Susquehanna maintaining a Positive rating on StoneCo and raising the price target from $17 to $20 indicates a positive outlook for the company's stock. This is likely to have a positive impact on the stock price in the short term as investors may see this as a sign of confidence in the company's performance and growth potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100