HSBC Upgrades StoneCo to Buy, Raises Price Target to $15
Portfolio Pulse from richadhand@benzinga.com
HSBC analyst Neha Agarwala upgrades StoneCo (NASDAQ:STNE) from Hold to Buy and raises the price target from $11 to $15.
June 13, 2023 | 8:28 am
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HSBC upgrades StoneCo (NASDAQ:STNE) to Buy, raising the price target from $11 to $15.
The upgrade from Hold to Buy by HSBC analyst Neha Agarwala indicates a positive outlook for StoneCo. The raised price target from $11 to $15 suggests a potential upside for the stock, which may lead to a short-term increase in its price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100