AZUL - Goldman Sachs: Azul Appears Poised For EBITDA Expansion After Stock Declined 35% | Benzinga
Azul SA (NYSE: AZUL) joined other stocks making big moves on Wednesday.
The company's shares declined by around 35% over the past three months, but it appears poised for EBITDA expansion going into 2024, according to Goldman Sachs analyst Bruno Amorim.
The Azul Analyst: Amorim upgraded the rating for Azul from Neutral to Buy, raising the price target from BRL 24.30 ($14.90) to BRL 29.90 ...