Gol Intelligent Airlines shares are trading lower after Citigroup downgraded the stock from Buy to Neutral and announced a $4.2 price target.
Portfolio Pulse from Benzinga Newsdesk
Gol Intelligent Airlines' shares are trading lower following a downgrade from Citigroup from Buy to Neutral. Citigroup also announced a $4.2 price target for the stock.
August 15, 2023 | 5:37 pm
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Gol Intelligent Airlines' stock was downgraded by Citigroup from Buy to Neutral, with a new price target of $4.2.
The downgrade from Citigroup is a significant factor for Gol Intelligent Airlines' stock. The new Neutral rating, down from Buy, and the lower price target of $4.2, are likely to negatively impact investor sentiment and the stock's price in the short term.
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