Morgan Stanley analyst Jorge Kuri notes PagBank (PAGS) missed earnings, driven by its first-ever TPV contraction, which the firm calls “a clear validation” of its “end of growth thesis.” Meanwhile, the CEO and CFO departures just 60 days after the strategic update suggest “a rethink of the way forward,” argues the analyst, who maintains an Underweight rating and $7 price target on the shares.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PAGS:
- PagSeguro Digital names Carlos Mauad as CEO, Gustavo Bahia Gama Sechin as CFO
- Pagseguro Digital Faces Growth Challenges Amid TPV Decline and Leadership Changes, Analyst Issues Sell Rating
- PagSeguro Digital Announces Executive Leadership Changes
- PagSeguro Digital Announces Extraordinary General Meeting for Director Elections
- PagSeguro Digital Reports Q3 2025 Financial Results