PagSeguro: A GARP Opportunity That Doesn't Pan Out (Rating Downgrade)

PagSeguro (NYSE: PAGS ) is a relevant player in the payment services market in Brazil, although the most recent data showed the company with around 10.8% market share in the country. Additionally, PagSeguro merged with PagBank, forming I am a researcher and operations manager at DM Martins Research. Previously, I contributed to TheStreet and currently write for platforms such as TipRanks and GuruFocus. Here at Seeking Alpha, my goal is to provide insightful analysis primarily on foreign equities, with a foc ...