Barclays Upgrades BRF to Overweight, Raises Price Target to $4
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Benjamin Theurer upgraded BRF (NYSE:BRFS) from Equal-Weight to Overweight and increased the price target from $2.5 to $4.
March 04, 2024 | 10:19 am
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Barclays upgraded BRF's stock from Equal-Weight to Overweight and raised the price target from $2.5 to $4.
The upgrade by Barclays from Equal-Weight to Overweight, along with a significant increase in the price target from $2.5 to $4, suggests a strong bullish outlook for BRF. This is likely to positively influence investor sentiment and could lead to an increase in the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100