Braskem shares are trading higher after UBS upgraded the stock from Neutral to Buy and raised its price target from $7.7 to $10.
Portfolio Pulse from Benzinga Newsdesk
Braskem shares rose following an upgrade by UBS from Neutral to Buy, with a price target increase from $7.7 to $10.
September 18, 2024 | 2:21 pm
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UBS upgraded Braskem (BAK) from Neutral to Buy, increasing the price target from $7.7 to $10, leading to a rise in share price.
The upgrade by UBS from Neutral to Buy and the increase in price target from $7.7 to $10 is a strong positive signal for investors, likely leading to increased buying interest and a rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100