TOP-5 Price Targets of Analysts on January 17, 2025
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Azul S.A. [US05501U1060]: Seaport Global upgrades rating from "Neutral" to "Buy" and sets a price target of 5 USD (111% upside potential) The buy recommendation comes in the context of a non-binding letter of intent between Azul and the Abra Group, the majority investor in Gol and Avianca, regarding a possible merger between Gol and Azul. According to the analyst, the parties have already reached agreements on governance and social issues, which are often the most challenging parts of merger negotiations. The aim of the merger is to promote the...
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