Pagseguro Digital (PAGS) Soars 7.14% in Three Days, Citigroup Upgrades to Buy

Pagseguro Digital (PAGS) shares rose 0.20% today, marking the third consecutive day of gains, with a cumulative increase of 7.14% over the past three days. The stock price reached its highest level since September 2024, with an intraday gain of 1.21%.

Citigroup recently upgraded PagSeguro Digital shares from a "neutral" rating to a "buy" rating, setting a price target of $10.00. This upgrade is expected to positively influence investor sentiment, potentially driving the stock price upward. The positive outlook from Citigroup reflects growing confidence in the company's future prospects.

Pagbank, a subsidiary of PagSeguro Digital Ltd, has maintained a positive outlook for 2025. This optimistic forecast can further boost investor confidence, potentially impacting the stock price positively. The positive outlook from Pagbank suggests that the company is well-positioned to capitalize on market opportunities and continue its growth trajectory.