BofA Securities analyst Ronald Epstein maintains $Embraer (ERJ.US)$ with a buy rating, and sets the target price at $55.
According to TipRanks data, the analyst has a success rate of 61.8% and a total average return of 13.8% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Embraer (ERJ.US)$'s main analysts recently are as follows:
After attending the 2024 Embraer Investor Summit, analysts highlighted that Embraer's significant differentiating factor lies in its fundamental identity as an engineering innovator. The strong backlog, consistent deliveries, and an improving financial profile are viewed as evidence that the company's strategy is effective. This observation is supported by stronger than anticipated demand and deliveries across various segments.
Embraer's strong operating performance and ongoing momentum were highlighted during the Q3 earnings and the company's investor day, reinforcing the positive outlook on Embraer's growth story.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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