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Petrobras Shares Underperform Despite JPMorgan Upgrade
Tuesday, May 24, 2016 - 3:44pm | 340Read More...ADRs of Petroleo Brasileiro SA Petrobras (ADR) (NYSE: PBR) have underperformed, despite a recent upgrade from JPMorgan. Rating And Justification JPMorgan upgraded the stock to Neutral from Underweight on potential for lower credit risk, asset sales momentum, favorable regulatory environment and...
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Why JPMorgan Just Upgraded Petrobras
Monday, June 15, 2015 - 1:11pm | 284Read More...In a report published Monday, JPMorgan analysts Marcos Severine and Felipe Santos upgraded their rating on shares of Petroleo Brasileiro Petrobras SA (ADR) (NYSE: PBR) from Neutral to Overweight, fixing a price target of $10.50 (BRL18/sh for PETR4 and PETR3) for next year. The experts continue...
