Barclays Maintains Overweight on PagSeguro Digital, Lowers Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst John Coffey maintains an Overweight rating on PagSeguro Digital (NYSE:PAGS) but lowers the price target from $16 to $14.
May 30, 2023 | 9:34 am
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Barclays maintains an Overweight rating on PagSeguro Digital (NYSE:PAGS) and lowers the price target from $16 to $14.
The news of Barclays maintaining an Overweight rating on PagSeguro Digital indicates a positive outlook for the company. However, the lowering of the price target from $16 to $14 may create some uncertainty among investors. The short-term impact on the stock price is expected to be neutral as the positive and negative factors balance each other out.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100