Barclays raised the firm’s price target on JBS S.A. (JBSAY) to R$53 from R$48 and keeps an Overweight rating on the shares. The firm says diversification is benefiting JBS and that in in a best-case scenario, its U.S. listing could be solidified by Q3.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on JBSAY: