Analyst Expectations for StoneCo's Future
Portfolio Pulse from Benzinga Insights
In the last quarter, StoneCo (NASDAQ:STNE) received 2 bullish, 2 somewhat bullish, and 3 indifferent analyst ratings. The company's average 12-month price target is $16.39, which has increased by 12.11% over the past month.
October 24, 2023 | 3:00 pm
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StoneCo received mixed analyst ratings in the last quarter, but its 12-month price target has increased by 12.11% over the past month.
The mixed analyst ratings indicate uncertainty about StoneCo's future performance. However, the increase in the 12-month price target suggests that analysts are generally optimistic about the company's stock price in the long term. This could potentially lead to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100