Cantor Fitzgerald Reiterates Overweight on StoneCo, Maintains $18 Price Target
Portfolio Pulse from richadhand@benzinga.com
Cantor Fitzgerald analyst Josh Siegler has reiterated an Overweight rating on StoneCo (NASDAQ:STNE) and maintained a price target of $18.
August 17, 2023 | 3:48 pm
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Cantor Fitzgerald analyst has reiterated an Overweight rating on StoneCo and maintained a price target of $18.
The reiteration of an Overweight rating by Cantor Fitzgerald indicates a positive outlook for StoneCo. The maintained price target of $18 suggests that the analyst believes the stock is undervalued at current prices. This could lead to increased investor interest and potentially a rise in the stock's price in the short term.
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