StoneCo Reports First Quarter 2020 Financial Results

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StoneCo Ltd. (STNE) PT Raised to $34 at Susquehanna

May 27, 2020 9:29 AM EDT

Susquehanna analyst James Friedman raised the price target on StoneCo Ltd. (NASDAQ: STNE) to $34.00 (from $28.00) while maintaining a Neutral rating. Friedman believes that a combination of the company's quick pivot to enabling e-commerce for their merchants - coupled with a footprint in... More