BofA Securities Upgrades Petrobras (PBR) to Buy

BofA Securities analyst Caio Ribeiro upgraded Petrobras (NYSE: PBR) from Neutral to Buy with a price target of $18.00 (from $13.00).

For an analyst ratings summary and ratings history on Petrobras click here. For more ratings news on Petrobras click here.

Shares of Petrobras closed at $13.52 yesterday.

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