New Street Research Downgrades PagSeguro Digital to Neutral, Lowers Price Target to $14
Portfolio Pulse from richadhand@benzinga.com
New Street Research analyst Soomit Datta downgrades PagSeguro Digital (NYSE:PAGS) from Buy to Neutral and lowers the price target from $17 to $14.

June 22, 2023 | 9:17 am
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PagSeguro Digital downgraded to Neutral by New Street Research, with a lowered price target of $14 from $17.
The downgrade from Buy to Neutral by New Street Research analyst Soomit Datta, along with the lowered price target from $17 to $14, indicates a less optimistic outlook for PagSeguro Digital's stock performance in the short term. This could lead to a negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100