Form 6-K StoneCo Ltd. For: Mar 14
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Evercore ISI Removes Tactical Outperform on StoneCo Ltd. (STNE)
March 15, 2023 4:48 PM EDTEvercore ISI analyst Sheriq Sumar reiterated an Outperform rating and $16.00 price target on StoneCo Ltd. (NASDAQ: STNE).
The analyst comments "We are closing our Tactical Outperform on STNE. Our call was predicated on STNE providing upbeat commentary on 2023 margins and a 4Q22... More
