StoneCo price target raised to $15 from $13 at Morgan Stanley

Morgan Stanley analyst Jorge Kuri raised the firm’s price target on StoneCo to $15 from $13 and keeps an Equal Weight rating on the shares after the company shared guidance and discussed growth opportunity across payments, banking, credit, and software at its investor day in New York. While 2027 net income guidance is 100% above consensus, execution and competition “pose relevant hurdles,” says the analyst, who suspects “the market will take a wait-and-see attitude.”