Barclays Maintains Overweight on PagSeguro Digital, Lowers Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst John Coffey maintains an Overweight rating on PagSeguro Digital but lowers the price target from $16 to $13.

October 15, 2024 | 5:22 pm
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Barclays analyst John Coffey maintains an Overweight rating on PagSeguro Digital but lowers the price target from $16 to $13.
The lowering of the price target from $16 to $13 by Barclays suggests a less optimistic outlook on PagSeguro Digital's stock performance, which could lead to a short-term negative impact on the stock price. However, the Overweight rating indicates that the analyst still sees potential for the stock to outperform the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100