Embraer Stock Surges 84%: Updated Buy Rating And New Price Target
Embraer(ERJ) Seeking Alpha·2024-08-25 16:15
kamilpetran/iStock Editorial via Getty Images In September 2022, I marked Embraer a stock a buy and that buy rating has paid off extremely well with a nearly 220% increase in Embraer stock prices compared to a 38.5% gain for the broader markets. Since my strong buy rating in February of this year, the stock has gained 84% and now actually exceeds my price target. In this report, I will discuss the most recent results, assess the risks and opportunities and update my price target and rating. Why Our Embraer ...