Goldman Sachs Maintains Neutral on StoneCo, Lowers Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Tito Labarta maintains a Neutral rating on StoneCo (NASDAQ:STNE) and lowers the price target from $13.7 to $12.
October 24, 2023 | 2:24 pm
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Goldman Sachs has maintained a Neutral rating on StoneCo and lowered the price target from $13.7 to $12.
The news directly pertains to StoneCo as Goldman Sachs has maintained a Neutral rating on the company and lowered the price target. This could potentially impact investor sentiment and the stock's price in the short term, although the Neutral rating suggests that the overall outlook for the stock remains unchanged.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100