Pagseguro Digital ( (PAGS) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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PagSeguro Digital’s stock has surged following Citi’s upgrade to a Buy rating. The upgrade is based on the company’s strategic shift towards becoming a ‘small-sized bank,’ which is expected to enhance returns on equity. An anticipated 11% earnings growth, driven by re-pricing despite projected higher interest rates in 2025, and the potential for lower interest rates in 2026 boosting PagBank’s results, have led to an increased price target. This reflects confidence in PagSeguro’s strategic direction and financial prospects.
More about Pagseguro Digital
YTD Price Performance: 32.14%
Average Trading Volume: 4,444,965
Technical Sentiment Signal: Buy
Current Market Cap: $2.79B
For further insights into PAGS stock on TipRanks’ Stock Analysis page.
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