Goldman Sachs Upgrades PagSeguro Digital to Neutral, Raises Price Target to $13.8
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Tito Labarta upgraded PagSeguro Digital (NYSE:PAGS) from Sell to Neutral and increased the price target from $7.4 to $13.8.

January 22, 2024 | 10:00 am
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Goldman Sachs upgraded PagSeguro Digital's rating to Neutral from Sell and raised the price target to $13.8, indicating a more favorable outlook.
The upgrade from Sell to Neutral by a prominent analyst at Goldman Sachs suggests an improved outlook for PagSeguro Digital, which could lead to increased investor confidence and a potential rise in the stock price in the short term. The significant raise in the price target further supports this positive sentiment.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100