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STNE

StoneCo

$26.50

-8.25 (-23.74%)

19:29
04/19/19
04/19
19:29
04/19/19
19:29

StoneCo says latest incentive offers from competitors don't change strategy

StoneCo released a CEO letter that stated in part: "As we have seen in the past, competitor campaigns generate a lot of noise, but we remain focused on delivering a differentiated value proposition to our clients through our proprietary and disruptive business model. However, given some recent inquiries we have received and the lack of information in the market we wanted to share some of our thoughts and perspectives to put some of this noise into context...At this time, it is still very early to discuss how such new offerings from competition could impact our business. As always, we will continue to listen to our clients to find new ways to serve them better and disrupt existing incumbent offerings. Stone will always advocate in the market and with authorities for transparency in the rates in Brazil to make it simpler for clients to understand and make their choice. The relationship we have with our clients and shareholders is very important for us. If and when we see any material changes in our operations because of competition, we will be the first ones to communicate to you. We remain very confident in our strategy, the strength of our business model and our profitability going forward."

  • 11

    Jun

STNE StoneCo
$26.50

-8.25 (-23.74%)

04/05/19
SBSH
04/05/19
DOWNGRADE
SBSH
Neutral
StoneCo downgraded to Neutral from Buy at Citi
Citi analyst Felipe Gaspar Salomao downgraded StoneCo to Neutral from Buy.
01/15/19
01/15/19
INITIATION

Fly Intel: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. StoneCo (STNE) initiated with a Buy at BofA/Merrill. 2. Southwest Gas (SWX) initiated with a Market Perform at Wells Fargo. 3. Luna Innovations (LUNA) initiated with a Buy at B. Riley FBR. 4. Dell Technologies (DELL) initiated with a Neutral at UBS. 5. Elanco (ELAN) initiated with a Buy at Argus. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
01/14/19
BOFA
01/14/19
INITIATION
Target $26
BOFA
Buy
StoneCo initiated with a Buy at BofA/Merrill
BofA/Merrill initiated StoneCo with a Buy and $26 price target.
11/19/18
JPMS
11/19/18
INITIATION
Target $25
JPMS
Neutral
StoneCo initiated with a Neutral at JPMorgan
JPMorgan analyst Domingos Falavina started StoneCo with a Neutral rating and $25 price target. The analyst says his Neutral stance stems from the fact that his survey of 120 merchants show that they prioritize price over service or technology. The survey indicated that Stone was on average charging less than Cielo, says the analyst.

TODAY'S FREE FLY STORIES

ABMRF

ABN Amro

$0.00

(0.00%)

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ASMIY

ASMI

$0.00

(0.00%)

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STM

STMicroelectronics

$16.10

0.505 (3.24%)

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ASML

ASML

$194.67

5.12 (2.70%)

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ALK

Alaska Air

$62.90

0.39 (0.62%)

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IQV

Iqvia

$145.74

4.335 (3.07%)

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  • 23

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AIMT

Aimmune

$20.20

-0.33 (-1.61%)

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  • 13

    Sep

TBPH

Theravance Biopharma

$16.61

-0.1 (-0.60%)

05:11
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SABR

Sabre

$22.80

0.36 (1.60%)

05:06
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LW

Lamb Weston

$58.97

-0.88 (-1.47%)

05:05
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SPWR

SunPower

$10.16

1.89 (22.85%)

05:04
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SunPower rating change  »

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ICAGY

IAG

$0.00

(0.00%)

05:03
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05:03
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IAG rating change  »

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ESYJY

easyJet

$0.00

(0.00%)

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AFLYY

Air France-KLM

$0.00

(0.00%)

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MRTX

Mirati Therapeutics

$102.20

1.8 (1.79%)

05:00
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Mirati Therapeutics rating change  »

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IFNNY

Infineon

$0.00

(0.00%)

04:57
06/19/19
06/19
04:57
06/19/19
04:57
Initiation
Infineon initiated  »

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ENR

Energizer

04:56
06/19/19
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JSTTY

Just Eat

04:55
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WMT

Walmart

$109.66

0.51 (0.47%)

, IPAR

Inter Parfums

$66.80

0.51 (0.77%)

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WMT

Walmart

$109.66

0.51 (0.47%)

IPAR

Inter Parfums

$66.80

0.51 (0.77%)

PG

Procter & Gamble

$109.60

-1.385 (-1.25%)

VGR

Vector Group

$9.61

-0.21 (-2.14%)

CHDN

Churchill Downs

$115.82

1.71 (1.50%)

CLUB

Town Sports

$2.41

-0.09 (-3.60%)

IGT

International Game

$13.62

0.5 (3.81%)

TACO

Del Taco

$11.44

0.11 (0.97%)

WYND

Wyndham Destinations

$42.93

0.18 (0.42%)

VAC

Marriott Vacations

$98.69

1.46 (1.50%)

KIM

Kimco Realty

$18.99

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AEO

American Eagle

$17.69

-0.27 (-1.50%)

LOCO

El Pollo Loco

$10.94

-0.11 (-1.00%)

BJ

BJ's Wholesale

$25.09

0.3 (1.21%)

TCX

Tucows

$61.30

-0.01 (-0.02%)

COT

Cott Corp.

$13.88

0.02 (0.14%)

CRMT

America's Car-Mart

$84.97

-1.62 (-1.87%)

DG

Dollar General

$137.03

1.18 (0.87%)

NUS

Nu Skin

$50.47

0.815 (1.64%)

CHEF

Chefs' Warehouse

$33.84

0.11 (0.33%)

HLF

Herbalife Nutrition

$43.87

0.83 (1.93%)

OLLI

Ollie's Bargain Outlet

$92.00

-0.32 (-0.35%)

SPTN

SpartanNash

$11.42

0.1 (0.88%)

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  • 19

    Jun

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    Jul

  • 15

    Aug

  • 13

    Nov

GFN

General Finance Corp

$8.19

0.27 (3.41%)

04:55
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Conference/Events
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  • 19

    Jun

SEEL

Seelos Therapeutics

$2.26

0.075 (3.44%)

04:55
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04:55
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Conference/Events
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  • 19

    Jun

IBTX

Independent Bank

$54.77

1.26 (2.35%)

04:55
06/19/19
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04:55
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Conference/Events
Independent Bank management to meet with Sandler ONeill »

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  • 19

    Jun

  • 26

    Aug

SMG

Scotts Miracle-Gro

$98.13

1.24 (1.28%)

04:55
06/19/19
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Conference/Events
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  • 19

    Jun

  • 20

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CSV

Carriage Services

$19.34

-0.03 (-0.15%)

04:55
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  • 19

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