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New Street: PAGS (Buy, TP: $40, +93%) STNE (Neutral, TP: $23, +58%) GET (Neutral, TP: $1.8, +48%) Getnet repricing: finally some positive news in Payments (PAGS/STNE)
We caught up with recently listed Brazilian Acquirer, Getnet, this week where repricing of the base is now up to ~50% of prepaying clients. While some of is this auto-repricing for wholesale clients, concerted efforts are underway in SME also.
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Soomit Datta
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