Fly News Breaks for February 28, 2020
Feb 28, 2020 | 07:00 EDT
Cantor Fitzgerald analyst Joseph Foresi lowered the firm's price target on PagSeguro Digital to $39 from $46 and keeps an Overweight rating on the shares. The company reported strong growth and maintained guidance, Foresi tells investors in a post-earnings research note. His new price target reflects currency headwinds and moderated margin expectations.
News For PAGS From the Last 2 Days
Feb 26, 2021 | 07:58 EST
Susquehanna analyst James Friedman said PagSeguro Digital delivered the fastest Q4 growth he has seen thus far in payments and the guidance looks like it is poised to continue. He said the company is enjoying the cash/card conversion underway more broadly in Brazil's economy while net margins remain healthy. Friedman reiterated his Positive rating and $70 price target on PagSeguro Digital shares.