PagSeguro Digital shares are trading lower after Barclays reduced its price target on the stock from $18 to $16.
Portfolio Pulse from Benzinga Newsdesk
PagSeguro Digital shares are experiencing a decline following Barclays' decision to lower its price target from $18 to $16.
August 22, 2024 | 6:55 pm
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NEGATIVE IMPACT
PagSeguro Digital shares are trading lower after Barclays reduced its price target from $18 to $16, indicating a less optimistic outlook.
The reduction in the price target by Barclays suggests a less favorable view of PagSeguro's future performance, likely leading to a decrease in investor confidence and a short-term drop in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100