Braskem (BRKM5): UBS BB Reduces Petrochemicals for Sale and Calculates 29% Decrease; Debug Action – Money Times
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5 Articles
UBS BB lowers Braskem to sale and short target price for R$ 3.75; action debars 15% with debt of US$ 10.9 bi and dilution risk
Braskem's shares closed down by more than 15% on Wednesday (16) after UBS BB analysts cut the recommendation of the petrochemical roles from "neutral" to "sale". The investment bank also reduced the target price of the roles from R$ 10.50 to R$ 3.75. Read more (09/16/2026
Forbes, the world's most renowned business and economic magazine. Analysts cite pressurized spreads, excess capacity in China, high indebtedness and risk of shareholders dilution The post UBS BB Short Braskem's Recommendation for Sale without Seeing Easily Exiting; Action Desaba 13% apareceu primeiro em Forbes Brasil.
The UBS BB lowered the shares of Braskem (BRKM5) from neutral to sale and passed the scissors in the target price, which goes from R$ 10.50 to R$ 3.75, which implies a potential drop of 29.8% before the last closure. Petrochemistry faces an extra-judicial recovery and seeks to restructure debts that amount to about US$ [...]
Target price reduced from R$ 10.50 to R$ 3.75
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