TD Cowen Upgrades Embraer to Buy, Raises Price Target to $41
Portfolio Pulse from Benzinga Newsdesk
TD Cowen has upgraded Embraer (NYSE:ERJ) from Hold to Buy, raising the price target from $26 to $41, indicating a positive outlook for the company's stock.
September 04, 2024 | 2:57 pm
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TD Cowen has upgraded Embraer from Hold to Buy, with a new price target of $41, suggesting a positive short-term outlook for the stock.
The upgrade from Hold to Buy and the significant increase in the price target from $26 to $41 by TD Cowen suggests a strong positive sentiment towards Embraer's future performance. This is likely to attract more investors, potentially driving the stock price up in the short term.
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