New Street downgraded PagSeguro Digital from Buy to Neutral and set a new price target of $15.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/16/2025 | $17.00 → $7.00 | Buy → Neutral | Citigroup |
| 12/10/2024 | Buy → Neutral | BofA Securities | |
| 10/1/2024 | Outperform → Market Perform | Itau BBA | |
| 9/5/2024 | $14.00 → $6.50 | Equal-Weight → Underweight | Morgan Stanley |
| 6/26/2024 | $15.00 | Neutral → Buy | Goldman |
| 3/26/2024 | $12.00 → $18.00 | In-line → Outperform | Evercore ISI |
| 3/18/2024 | $15.00 → $18.00 | Neutral → Buy | New Street |
| 2/1/2024 | $15.00 | Buy → Neutral | New Street |
In acquiring, record TPV of 124 billion BRL, three times the industry's growth; in banking, record revenue of 434 million BRL, +41% higher than the same period in 2023 SÃO PAULO, Aug. 21, 2024 /PRNewswire/ -- PagBank (NYSE:PAGS), a complete digital bank in financial services and payments solution, announces its results for the second quarter of 2024 (2Q24). Among the key highlights of the period, the company recorded a record net income (Non-GAAP) of 542 million BRL (+31% y/y). Net income in a GAAP basis, also a record, was 504 million BRL (+31% y/y). After almost two years as CEO of PagBank, Alexandre Magnani celebrates the record numbers, the result of the strategy implemented and execute
TPV reached 112 billion BRL (+27% YoY), more than twice the industry's growth and 31 billion BRL in deposits, reinforcing the balance sheet for expansion of receivables anticipation and credit concession. SÃO PAULO, May 24, 2024 /PRNewswire/ -- PagBank (NYSE:PAGS), a complete digital bank in financial services and payments solution and one of the largest digital banks in Brazil, announces its results for the first quarter of 2024 (Q124). The main highlights of the period include a record recurring net profit of 522 million BRL (+33% YoY), while the net accounting profit reached 483 million BRL (+31 YoY%).
In Payments, TPV growth in 4Q23 reached +21% y/y, more than 2x industry growth; Digital bank reached 31 million clients, totaling R$28 billion in Deposits; The results consolidate the business expansion and diversification beyond longtail and POS devices SÃO PAULO, Feb, 29, 2024 /PRNewswire/ -- PagBank (NYSE:PAGS), a complete digital bank in financial services and payments solution and one of the largest digital banks in the country, announces its results for the fourth quarter of 2023 (4Q23). Among the main highlights, the Company posted a record net income (Non-GAAP) of R$520 million in 4Q23 (+27% y/y and +18% q/q), concluding 2023 with almost R$1.8 billion for the year (+11% y/y), the hig
Citigroup downgraded PagSeguro Digital from Buy to Neutral and set a new price target of $7.00 from $17.00 previously
BofA Securities downgraded PagSeguro Digital from Buy to Neutral
Itau BBA downgraded PagSeguro Digital from Outperform to Market Perform
SCHEDULE 13G/A - PagSeguro Digital Ltd. (0001712807) (Subject)
SCHEDULE 13G/A - PagSeguro Digital Ltd. (0001712807) (Subject)
SCHEDULE 13G/A - PagSeguro Digital Ltd. (0001712807) (Subject)
SC 13G/A - PagSeguro Digital Ltd. (0001712807) (Subject)
SC 13G/A - PagSeguro Digital Ltd. (0001712807) (Subject)
SC 13G/A - PagSeguro Digital Ltd. (0001712807) (Subject)