UBS Maintains Buy on StoneCo, Lowers Price Target to $13
UBS analyst Kaio Prato maintains StoneCo (NASDAQ:STNE) with a Buy and lowers the price target from $15 to $13.
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UBS Maintains Buy on StoneCo, Lowers Price Target to $15
UBS analyst Kaio Prato maintains StoneCo (NASDAQ:STNE) with a Buy and lowers the price target from $17 to $15.
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StoneCo shares are trading lower after the company reported worse-than-expected Q2 sales results.
StoneCo Q2 Adj. EPS $0.47 Beats $0.46 Estimate, Sales $709.433M Miss $731.180M Estimate
StoneCo (NASDAQ:STNE) reported quarterly earnings of $0.47 per share which beat the analyst consensus estimate of $0.46 by 2.17 percent. This is a 14.63 percent increase over earnings of $0.41 per share from the same