UBS Maintains Neutral on Embraer, Raises Price Target to $29
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Alberto Valerio maintains a Neutral rating on Embraer (NYSE:ERJ) and raises the price target from $28.5 to $29.
July 03, 2024 | 12:59 pm
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NEUTRAL IMPACT
UBS analyst Alberto Valerio maintains a Neutral rating on Embraer and raises the price target from $28.5 to $29.
The Neutral rating suggests that UBS does not expect significant short-term movement in Embraer's stock price. However, the slight increase in the price target indicates a modestly positive outlook.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100