Pagseguro Digital (PAGS) Soars 10.6% on Institutional Inflows, Analyst Upgrades

Pagseguro Digital (PAGS) shares surged 4.00% today, reaching their highest level since September 2024, with an intraday gain of 4.11%.

Barclays has adjusted its price target for PagBank (PAGS) from $13 to $12, while maintaining an Overweight rating. This adjustment reflects a slight change in expectations but still indicates a positive outlook from Barclays.

PagSeguro Digital's shares saw a significant gap up, trading 10.6% higher. This movement was driven by institutional inflows, suggesting a surge in investor interest and contributing to the upward momentum in the stock price.

Citigroup has upgraded PagSeguro Digital from a "neutral" rating to a "buy" rating. This upgrade signals increased confidence from analysts, which could positively influence investor sentiment and drive further stock price appreciation.

PagSeguro Digital has consistently exceeded earnings estimates in each of the past four quarters, with an average surprise of 9.3%. This consistent performance has likely bolstered investor confidence and contributed to the stock's recent price appreciation.