JP Morgan Maintains Neutral on PagSeguro Digital, Raises Price Target to $11.5
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst Domingos Falavina maintains a Neutral rating on PagSeguro Digital (NYSE:PAGS) and raises the price target from $10 to $11.5.

June 09, 2023 | 3:37 pm
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NEUTRAL IMPACT
JP Morgan maintains a Neutral rating on PagSeguro Digital and raises the price target from $10 to $11.5.
The news of JP Morgan maintaining a Neutral rating on PagSeguro Digital and raising the price target from $10 to $11.5 indicates that the analyst sees potential for the stock price to increase. However, the Neutral rating suggests that the analyst does not expect significant outperformance or underperformance compared to the market. This may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100