UBS Maintains Buy on Petrobras Brasileiro, Raises Price Target to $17.4
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Luiz Carvalho maintains a Buy rating on Petrobras Brasileiro (NYSE:PBR) and raises the price target from $17.2 to $17.4.
March 25, 2024 | 4:04 pm
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UBS analyst Luiz Carvalho maintains a Buy rating on Petrobras Brasileiro and raises the price target from $17.2 to $17.4.
The increase in the price target by UBS reflects a positive outlook on Petrobras Brasileiro, suggesting confidence in the company's future performance. This could lead to increased investor interest and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100