Citigroup Maintains Neutral on Embraer, Lowers Price Target to $16.5
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Stephen Trent maintains a Neutral rating on Embraer (NYSE:ERJ) and lowers the price target from $15.75 to $16.5.
June 13, 2023 | 4:06 pm
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NEUTRAL IMPACT
Citigroup analyst Stephen Trent maintains a Neutral rating on Embraer and lowers the price target from $15.75 to $16.5.
Citigroup's lowered price target on Embraer indicates a potential short-term impact on the stock price. However, the Neutral rating suggests that the overall outlook remains unchanged, and the stock price may not experience significant movement in either direction.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100