PagSeguro Digital Reaches Analyst Target Price
May 27, 2020 at 08:19 AM EDT
In recent trading, shares of PagSeguro Digital Ltd (PAGS) have crossed above the average analyst 12-month target price of $27.60, changing hands for $28.10/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..