STNE (StoneCo Ltd) may reap gains as insiders became active recently

Meanwhile, UBS downgraded its StoneCo Ltd [STNE] rating to a Neutral from a a Buy in a research note published on February 01, 2024; the price target was increased to $21 from $18. A number of analysts have revised their coverage, including Goldman’s analysts, who increased its forecast for the stock in late January from […]

STNE short interest fall by -14.97%, reflecting positive sentiment

As published in a research note from UBS on February 01, 2024, StoneCo Ltd [STNE] has been rated down from a Buy to a Neutral and the price target has been revised to $21 from $18. Analysts at Goldman upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in late […]