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Fly News Breaks for February 28, 2020
PAGS
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.