PagSeguro (PAGS) PT Lowered to $46 at Cantor Fitzgerald

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PagSeguro (PAGS) PT Lowered to $45 at Guggenheim

November 22, 2019 8:14 AM EST

Guggenheim analyst Jeff Cantwell lowered the price target on PagSeguro (NYSE: PAGS) to $45.00 (from $53.00) while maintaining a Buy rating following results.

The analyst commented, "Tough 3Q for PAGS: 1) Revenue/EPS missed. 2) The '20 narrative shifted to 'increased investment to drive L-T... More