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Weg initiated with a Buy at Jefferies

Jefferies analyst Alejandro Anibal Demichelis initiated coverage of Weg (WEGZY) with a Buy rating and R$55 price target The Brazilian electric equipment player has lagged peers due to tariffs and slow renewables orders concerns, but the firm sees these concerns as “overblown” and notes that its 2026-27 EBITDA estimates are about 7% above consensus.

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