Rio Times
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…
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