Eletrobras Awaits Court Decision on Compulsory Loan Review
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Eletrobras is awaiting a court decision regarding a review of the statute of limitations on ancillary interest related to a compulsory loan for electric power. The Superior Court of Justice has accepted a proposal for this review, but a final decision is pending. Analysts currently rate EBR.B stock as a Buy with a $9.00 price target, citing strong financial performance and positive technical indicators despite regulatory challenges. Eletrobras, a major Brazilian electric power company, has a market cap of $22.47B.
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