BofA Raises Embraer Target Price to $55, Sees 45% Upside

The Brazilian aircraft manufacturer Embraer has caught the attention of financial analysts. Bank of America (BofA) has revised its target price for Embraer’s American Depositary Receipts (ADRs) upward. The new target is set at $55, up from the previous $40. This adjustment reflects stronger-than-expected deliveries and demand across all segments. BofA analysts noted Embraer’s successful […]