Stone closed the last quarter of 2023 with adjusted net profit of R$564 million, an increase of 177% compared to 4Q22

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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