Barclays Maintains Equal-Weight on Azul, Lowers Price Target to $4.5
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Pablo Monsivais maintains an Equal-Weight rating on Azul (NYSE:AZUL) but lowers the price target from $10 to $4.5.
August 19, 2024 | 11:24 am
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Barclays analyst Pablo Monsivais maintains an Equal-Weight rating on Azul but significantly lowers the price target from $10 to $4.5.
The significant reduction in the price target from $10 to $4.5 by Barclays suggests a negative outlook on Azul's future performance, likely leading to a short-term decline in the stock price.
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