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Fly News Breaks for September 4, 2019
STNE
Sep 4, 2019 | 09:00 EDT
As previously reported, Guggenheim analyst Jeff Cantwell initiated StoneCo with a Buy rating and $38 price target. The analyst, who views Stone as a high-quality merchant acquirer in Brazil that will continue to gain market share, forecasts above-peer rates of revenue and EPS growth in FY19 and FY20. Cantwell also sees Stone's recently announced joint venture with Globo as a key element of its strategic evolution, he stated.
News For STNE From the Last 2 Days
STNE
Apr 17, 2024 | 20:46 EDT
Grupo Santander upgraded StoneCo to Neutral from Underperform with an $18 price target.
