Stone delivers a consistent quarter with adjusted net income of R$450 million, a 90% growth compared to the same time last year

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Go back to Stone delivers a consistent quarter with adjusted net income of R$450 million, a 90% growth compared to the same time last year

Morgan Stanley Reiterates Equalweight Rating on StoneCo Ltd. (STNE)

May 14, 2024 12:08 PM EDT

Morgan 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 EDT

Citi 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