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Goldman Sachs Upgrades Gol Linhas Aereas Inteligentes (GOL) to Buy

January 24, 2013 7:35 AM EST

Goldman Sachs upgraded Gol Linhas Aereas Inteligentes (NYSE: GOL) from Neutral to Buy with a price target of $8.50.

The firm comments, "In our view, GOL's potential margin recovery in 2013, after two years of negative results (2011/2012), is a key driver for the stock."... More