Goldman Sachs Upgrades PagSeguro Digital to Buy, Maintains Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Tito Labarta has upgraded PagSeguro Digital (NYSE:PAGS) from Neutral to Buy, while maintaining the price target at $15.
June 26, 2024 | 9:22 am
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POSITIVE IMPACT
Goldman Sachs has upgraded PagSeguro Digital from Neutral to Buy, maintaining the price target at $15. This upgrade could positively impact the stock price in the short term.
The upgrade from a reputable firm like Goldman Sachs typically boosts investor confidence, potentially leading to a short-term increase in the stock price. Maintaining the price target at $15 suggests that the analyst sees value at the current price level.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100