B of A Securities Upgrades Azul to Neutral, Raises Price Target to $11
Portfolio Pulse from richadhand@benzinga.com
Bank of America Securities analyst Murilo Freiberger upgraded Azul (NYSE:AZUL) from Underperform to Neutral and raised the price target from $6.9 to $11.
May 22, 2023 | 10:35 am
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Azul (NYSE:AZUL) has been upgraded from Underperform to Neutral by B of A Securities, with a raised price target of $11.
The upgrade from Underperform to Neutral by B of A Securities analyst Murilo Freiberger indicates a more positive outlook on Azul's stock. The raised price target from $6.9 to $11 suggests an expectation of potential growth in the short term, which could positively impact the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100