Embraer (ERJ) Tops Q4 EPS by 43c; offers guidance

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CFRA Upgrades Embraer (ERJ) to Buy

March 19, 2024 2:00 PM EDT

CFRA analyst Stewart Glickman upgraded Embraer (NYSE: ERJ) from Hold to Buy with a price target of $27.00 (from $16.00).

The analyst comments "Our 12-month target price of USD27, raised by USD11, reflects a 14.6x multiple of our currency-adjusted 2025 EPS estimate, about in line with... More