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Stock impact report

StoneCo +2.1% as Morgan Stanley sets Street-high target, raises estimates [Seeking Alpha]

StoneCo Ltd. - Class A Common Share (STNE) 
Company Research Source: Seeking Alpha
StoneCo +2.1% as Morgan Stanley sets Street-high target, raises estimates - StoneCo Ltd. (NASDAQ:STNE) | Seeking Alpha Tech | On the Move StoneCo +2.1% as Morgan Stanley sets Street-high target, raises estimates Mar. 20, 2019 6:30 PM ET StoneCo Ltd. (STNE) Jason Aycock StoneCo (NASDAQ: rebounded 2.1% Shares had fallen 7.7% Monday's report Morgan Stanley boosted its target to $47 from $35 based on higher EPS estimates springing from the earnings report: raised to $0.90 from $0.88 for 2019, and to $1.37 from $1.28 for 2020. That target implies 24.3% upside from today's close of $37.80. The firm's staying Overweight on the stock. See all stocks on the move » Now read: Western Digital, Lam move after Micron print » Subscribe Show less Read more
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