StoneCo Reports First Quarter 2024 Results
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Morgan Stanley Reiterates Equalweight Rating on StoneCo Ltd. (STNE)
May 14, 2024 12:08 PM EDTMorgan Stanley analyst Jorge Kuri reiterated an Equalweight rating and $16.50 price target on StoneCo Ltd. (NASDAQ: STNE)
The analyst comments "While we remain constructive on many of the primary drivers for merchant acquirers accelerating TPV growth in 2024, lower funding costs as rates... More
Citi Reiterates Buy Rating on StoneCo Ltd. (STNE)
May 14, 2024 9:56 AM EDTCiti analyst Gabriel Gusan reiterated a Buy rating and $20.00 price target on StoneCo Ltd. (NASDAQ: STNE)
The analyst comments "We look at Stone's FIDC portfolio evolution in CVM as a proxy for credit operations. The Credit portfolio reached R$592mn in... More
