Citigroup Maintains Buy on PagSeguro Digital, Raises Price Target to $13.5
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Gabriel Gusan maintains a Buy rating on PagSeguro Digital (NYSE:PAGS) and raises the price target from $12 to $13.5.
May 30, 2023 | 9:49 am
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POSITIVE IMPACT
Citigroup maintains a Buy rating on PagSeguro Digital and raises the price target from $12 to $13.5.
The news of Citigroup maintaining a Buy rating and raising the price target for PagSeguro Digital is positive for the stock. This indicates that the analyst believes the stock has potential for growth and is likely to perform well in the short term. The raised price target also suggests that the stock is undervalued at its current price, which could lead to an increase in demand and a subsequent rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100