StoneCo (STNE) Announces Forthcoming Board of Directors Changes

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Go back to StoneCo (STNE) Announces Forthcoming Board of Directors Changes

StoneCo Ltd. (STNE) PT Raised to $20 at Citi, 'shareholder noise creates buying opportunity'

March 20, 2024 6:26 AM EDT

Citi analyst Gabriel Gusan raised the price target on StoneCo Ltd. (NASDAQ: STNE) to $20.00 (from $19.00) while maintaining a Buy rating.

The analyst comments " We continue to rate Stone as our top pick in the payments sector. We see positive momentum for the... More

Citi Reiterates Buy Rating on StoneCo Ltd. (STNE)

March 19, 2024 9:54 AM EDT

Citi analyst Gabriel Gusan reiterated a Buy rating and $19.00 price target on StoneCo Ltd. (NASDAQ: STNE).

The analyst commented, "Solid set of numbers reported by Stone today - despite the bottom-
line beat being helped by a lower effective tax rate, a... More