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PBR

Petrobras

$8.91

0.355 (4.15%)

11:10
05/19/17
05/19
11:10
05/19/17
11:10

Big new position opened in Petrobras puts

Big new position opened in Petrobras puts. The stock up 34c to $8.89 today, but down 13.1% on the week amid broader losses in Brazil's equities. In option action Friday, 12.5K Jan 8 puts trade 72c on ISE when bid-ask was 71 to 72c. It's opening, traded firm-to-firm, according to ISEE data.

PBR Petrobras
$8.91

0.355 (4.15%)

03/28/17
HSBC
03/28/17
UPGRADE
HSBC
Buy
Petrobras upgraded to Buy from Hold at HSBC
HSBC analyst Lily Yang upgraded Petrobras to Buy with an $11.50 price target.
03/24/17
SOCG
03/24/17
UPGRADE
SOCG
Buy
Petrobras upgraded to Buy from Hold at Societe Generale
Societe Generale upgraded Petrobras to Buy with a $11.50 price target saying the company has lowered capex and controllable costs and will be increasing production growth in 2017.
03/22/17
03/22/17
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. KeyBanc analyst Todd Thomas upgraded Urban Outfitters (URBN) to Overweight from Sector Weight, saying the retailer has a highly differentiated product offering and has made significant investments to capture e-commerce share. 2. Deutsche Bank analyst Rod Lache upgraded BorgWarner (BWA) to Buy from Hold, saying the prospects for business units focused on Internal Combustion efficiency and emissions are better than he previously thought. The analyst expects penetration of battery electric vehicles will remain "relatively low" through the 2020s. He raised his price target for BorgWarner shares to $51 from $41. The analyst this morning also raised his price target for Buy-rated Delphi (DLPH) to $99 from $88 and Hold-rated Tenneco (TEN) to $78 from $75. 3. UBS analyst Julien Dumoulin-Smith upgraded Sunrun (RUN) to Buy from Neutral, citing accelerating prospects amid policy support in the Northeast. 4. Wedbush analyst Henry Coffey upgraded LendingClub (LC) to Neutral from Underperform, saying management has made a very good case in recent meetings on how they will enhance the breadth of the marketplace and grow volumes. 5. Credit Suisse analyst Andre Natal upgraded Petrobras (PBR) to Outperform with an $11 price target saying recent share weakness provides a buying opportunity. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
03/22/17
FBCO
03/22/17
UPGRADE
FBCO
Outperform
Petrobras upgraded to Outperform from Neutral at Credit Suisse
Credit Suisse analyst Andre Natal upgraded Petrobras to Outperform with an $11 price target saying recent share weakness provides a buying opportunity.

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