Citigroup Downgrades StoneCo to Neutral, Lowers Price Target to $11

Benzinga Newsdesk www.benzinga.com Negative 88.6%

Neg 88.6% Neu 0% Pos 0%

Citigroup analyst Gustavo Schroden downgrades StoneCo (NASDAQ:STNE) from Buy to Neutral and lowers the price target from $18 to $11.