Citigroup Downgrades Gol Intelligent Airlines to Neutral, Announces $4.2 Price Target
Portfolio Pulse from richadhand@benzinga.com
Citigroup analyst Stephen Trent has downgraded Gol Intelligent Airlines (NYSE:GOL) from Buy to Neutral and set a price target of $4.2.
August 15, 2023 | 12:20 pm
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Gol Intelligent Airlines has been downgraded by Citigroup from Buy to Neutral with a price target of $4.2.
The downgrade from Buy to Neutral by Citigroup indicates a less optimistic outlook for Gol Intelligent Airlines. This could potentially lead to a decrease in the stock's price in the short term. The price target of $4.2 also provides a benchmark that the market may adjust towards.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100