Embraer shares are trading higher after TD Cown upgraded the stock from Hold to Buy and raised its price target from $26 to $41.
Portfolio Pulse from Benzinga Newsdesk
Embraer shares rise as TD Cown upgrades the stock from Hold to Buy, increasing the price target from $26 to $41.
September 04, 2024 | 3:14 pm
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Embraer shares are trading higher following an upgrade by TD Cown from Hold to Buy, with a new price target of $41, up from $26.
The upgrade from Hold to Buy by TD Cown is a strong positive signal for investors, indicating increased confidence in Embraer's future performance. The significant increase in the price target from $26 to $41 suggests a bullish outlook, likely driving the stock price higher in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100