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UBS raised its target price for Gerdau to $6.40 from $6.10 and still thinks it's a good buy.

OpinionRead the original at marketscreener.com
Good for GGB

Gerdau received a higher UBS share-price target, and UBS kept its Buy rating. This is a favorable analyst view, though the report gives no new company results.

GGB · Gerdau S.A.

AI read · Good for GGB

The AI's read

That signals UBS sees more promise in Gerdau’s shares than before. The story gives no new sales or profit figures, so this is one firm’s favorable view, not proof that the business has improved.

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