Citigroup Upgrades Braskem to Buy
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Gabriel Barra has upgraded Braskem (NYSE:BAK) from Neutral to Buy, indicating a positive outlook on the company's stock.
August 20, 2024 | 10:48 am
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Citigroup analyst Gabriel Barra has upgraded Braskem from Neutral to Buy, suggesting a positive outlook and potential for stock price appreciation.
The upgrade from Neutral to Buy by a major financial institution like Citigroup typically indicates increased confidence in the company's future performance, which can lead to a positive impact on the stock price as investors may follow the recommendation.
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