Goldman Sachs Maintains Neutral on Azul, Raises Price Target to $11.7
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Bruno Amorim maintains a Neutral rating on Azul (NYSE:AZUL) and raises the price target from $9.8 to $11.7.
June 02, 2023 | 12:43 pm
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NEUTRAL IMPACT
Goldman Sachs maintains a Neutral rating on Azul and raises the price target from $9.8 to $11.7.
Goldman Sachs' decision to maintain a Neutral rating on Azul indicates that they do not expect significant short-term price movement. However, the raised price target from $9.8 to $11.7 suggests a positive outlook for the stock in the medium to long term. The impact on the stock price in the short term is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100