Jefferies Upgrades IRSA Inversiones y to Buy, Raises Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Pedro Baptista has upgraded IRSA Inversiones y (NYSE:IRS) from Hold to Buy and raised the price target from $10.5 to $13.

August 14, 2024 | 10:11 pm
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POSITIVE IMPACT
Jefferies analyst Pedro Baptista has upgraded IRSA Inversiones y (NYSE:IRS) from Hold to Buy and raised the price target from $10.5 to $13. This upgrade and increased price target suggest a positive outlook for the company's stock.
The upgrade from Hold to Buy and the increase in the price target from $10.5 to $13 by Jefferies indicates a strong positive sentiment from the analyst. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100