
CFRA Raises Petrobras (PBR) Price Target as it Shows Strong Operational Performance

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CFRA has raised its price target for Petrobras (NYSE:PBR) from $13 to $14.50, maintaining a Hold rating. The firm also increased Petrobras' earnings per share projections to BRL9.33 for fiscal year 2025, highlighting the company's strong operational performance and significant upside potential in the energy sector.

