B of A Securities Upgrades Petrobras Brasileiro to Buy, Raises Price Target to $17.9
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has upgraded Petrobras Brasileiro (NYSE:PBR) from Neutral to Buy and raised the price target from $16.8 to $17.9.

June 27, 2024 | 9:24 am
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POSITIVE IMPACT
B of A Securities has upgraded Petrobras Brasileiro from Neutral to Buy and increased the price target from $16.8 to $17.9.
The upgrade from Neutral to Buy and the raised price target by B of A Securities is a positive signal for investors, indicating increased confidence in Petrobras Brasileiro's future performance. This is likely to result in a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100