Credit Suisse upgraded Petrobras from Neutral to Outperform with a pt of $25.00.
Credit Suisse upgraded Petrobras (NYSE: PBR) from Neutral to Outperform with a price target of $25.00. Analysts stressed they have been caution for years but added that yesterday's move to raise diesel prices may be the beginning a change in attitude, and the company might be at a "inflection point".
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 $16.68 yesterday, with a 52 week range of $14.40-$28.87.
Another good call,by a clueless anaylist