JP Morgan Upgrades Inter & Co to Overweight, Raises Price Target to $8.5
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Yuri Fernandes has upgraded Inter & Co (NASDAQ:INTR) from Neutral to Overweight, raising the price target from $7.5 to $8.5.
October 09, 2024 | 1:06 pm
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POSITIVE IMPACT
JP Morgan has upgraded Inter & Co to Overweight and increased the price target to $8.5, indicating a positive outlook on the stock.
The upgrade from Neutral to Overweight by JP Morgan suggests increased confidence in Inter & Co's performance. The raised price target from $7.5 to $8.5 indicates expectations of stock price appreciation, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100