Citigroup Maintains Buy on StoneCo, Raises Price Target to $17
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Gabriel Gusan maintains a Buy rating on StoneCo (NASDAQ:STNE) and raises the price target from $13 to $17.
May 22, 2023 | 10:51 am
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Citigroup analyst maintains Buy rating on StoneCo and raises price target from $13 to $17.
The news of Citigroup maintaining a Buy rating on StoneCo and raising the price target from $13 to $17 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