Barclays Maintains Equal-Weight on Azul, Lowers Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Pablo Monsivais has maintained an Equal-Weight rating on Azul (NYSE:AZUL) and lowered the price target from $14 to $12.
April 01, 2024 | 1:11 pm
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NEGATIVE IMPACT
Barclays has maintained an Equal-Weight rating on Azul and lowered the price target from $14 to $12.
The reduction in price target by Barclays, a major financial institution, could lead to a negative short-term sentiment among investors, potentially causing a decrease in Azul's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100