Scotiabank Sees Sharp Upside In StoneCo

Scotiabank Sees Sharp Upside In StoneCo
The sign outside a Scotiabank (Bank of Nova Scotia) in Vancouver, B.C., in a file photo. Robert MacPherson/AFP via Getty Images
Benzinga
Updated:

Analysts have different takes on StoneCo Ltd., a financial technology solutions provider.

Scotiabank analyst Jason Mollin initiated coverage with a Sector Perform rating and a $22 price target, implying a 30 percent upside.