B of A Securities Maintains Buy on StoneCo, Raises Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Mario Pierry has maintained a Buy rating on StoneCo (NASDAQ:STNE) and increased the price target from $17 to $18.
December 11, 2023 | 5:29 pm
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POSITIVE IMPACT
StoneCo's Buy rating is maintained by B of A Securities, with a raised price target from $17 to $18, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst typically signals a positive sentiment towards the company's stock, suggesting an expectation of upward price movement in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100