JPMorgan upgrades this beaten-down payments stock, says it can surge 50%

Analyst Yuri Fernandes upgraded Cayman Islands-based StoneCo to overweight from neutral, citing the stock's appealing annual earnings potential of 20%.

Jun 7, 2024 - 01:00

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JPMorgan upgrades this beaten-down payments stock, says it can surge 50%

Analyst Yuri Fernandes upgraded Cayman Islands-based StoneCo to overweight from neutral, citing the stock's appealing annual earnings potential of 20%.

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