Bank of America (BofA) upgraded Ecorodovias’ rating from ‘sell’ to ‘neutral’ following a 33% decline in its stock value last year. The firm raised the target price from R$8.00 to R$9.50, which led to a 7.66% rise in shares to R$6.75. This was in response to the company’s substantial R$40 billion investment plans, gearing up […]
