Goldman Sachs Upgrades Petrobras Brasileiro to Buy, Raises Price Target to $18.1
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Bruno Amorim upgrades Petrobras Brasileiro (NYSE:PBR) from Neutral to Buy and raises the price target from $13 to $18.1.
June 21, 2023 | 1:51 pm
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POSITIVE IMPACT
Goldman Sachs upgrades Petrobras Brasileiro (PBR) to Buy and raises the price target from $13 to $18.1.
Goldman Sachs' upgrade of Petrobras Brasileiro (PBR) to Buy and the increase in the price target from $13 to $18.1 indicates a positive outlook for the stock. This news is likely to have a positive short-term impact on PBR's stock price as investors may react positively to the upgrade and increased price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100