B of A Securities Upgrades Companhia Siderurgica to Buy, Announces $4.1 Price Target
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Caio Ribeiro upgraded Companhia Siderurgica (NYSE:SID) from Underperform to Buy and set a price target of $4.1.

November 20, 2023 | 11:48 am
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Companhia Siderurgica was upgraded by B of A Securities from Underperform to Buy with a new price target of $4.1.
Upgrades by analysts, especially from Underperform to Buy, are strong positive signals for investors, often leading to increased investor confidence and potential stock price appreciation. The new price target of $4.1 suggests a positive outlook for the stock's future performance.
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