The Underside Of Embraer S.A. (ERJ) Stock Is A Little Uncertain

Morgan Stanley raised the price target for the Embraer S.A. (NYSE:ERJ) stock from ‘an Equal-weight’ to ‘an Overweight’. The rating was released on January 20, 2023, according to finviz. We previously noted in another research note published on November 11, 2021 by UBS that upgraded the stock from a Neutral to a Buy with a price target of $24 for ERJ stock. The research report from Goldman has upgraded the stock from Neutral to Buy, with a price target set at $23. The stock was upgraded by BofA Securities, who disclosed in a research note on June 11, 2021, from Neutral to Buy and set the price objective to $20.

Melanie Gerald

Melanie Gerald