Evercore ISI Group Maintains Outperform on StoneCo, Lowers Price Target to $23
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group maintains an Outperform rating on StoneCo (NASDAQ:STNE) but lowers the price target from $25 to $23.
June 25, 2024 | 4:12 pm
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NEUTRAL IMPACT
Evercore ISI Group maintains an Outperform rating on StoneCo but lowers the price target from $25 to $23.
The Outperform rating suggests a positive outlook, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100