UBS Maintains Neutral on Ecopetrol, Lowers Price Target to $11
Portfolio Pulse from richadhand@benzinga.com
UBS analyst Luiz Carvalho maintains a Neutral rating on Ecopetrol (NYSE:EC) and lowers the price target from $12 to $11.

May 19, 2023 | 12:35 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
UBS analyst Luiz Carvalho maintains a Neutral rating on Ecopetrol (NYSE:EC) and lowers the price target from $12 to $11.
The news directly mentions Ecopetrol and its lowered price target by UBS analyst Luiz Carvalho. This may cause some investors to reconsider their positions, but the Neutral rating suggests that the stock is not expected to have significant short-term price movement. The lowered price target may have a minor impact on the stock price, but the overall sentiment remains neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100