Goldman Sachs initiated coverage of Equatorial Energia with a Buy rating and R$42.10 price target. In a sector note on Brazil utilities stocks, the firm called Equatorial a top pick, citing its “best capital allocation at reasonable valuation.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on EQUEY: