Getting Ready for the Bounce: StoneCo Ltd. (STNE) Stock

Cantor Fitzgerald raised the price target for the StoneCo Ltd. (NASDAQ:STNE) stock to ‘an Overweight’. The rating was released on April 08, 2023, according to finviz. The research report from Evercore ISI has resumed the stock to In-line, with a price target set at $14. The stock was downgraded by HSBC Securities, who disclosed in a research note on January 31, 2023, from Buy to Hold and set the price objective to $16. In their research brief published January 27, 2023, Goldman analysts downgraded the StoneCo Ltd.