Brazil’s Petrobras Upgraded to Buy by Bradesco BBI, Which Sees a 25% Return by 2027
BRAZIL · BUSINESS Key Facts —What happened: Bradesco BBI upgraded state oil company Petrobras to buy after the shares’ recent fall made them cheap again. —The number: The bank kept its target at R$53 (US$10.26) per share for end-2027, implying a 25% total return with dividends. —The real story: Production at the state firm is […] The post Brazil’s Petrobras Upgraded to Buy by Bradesco BBI, Which…
We haven't written up this one. The Rio Times has the full story — the link below goes straight to it.
