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JPMorgan Chase & Co. downgraded shares of Petroleo Brasileiro Petrobras SA from an “overweight” rating to a “neutral” rating and decreased their price objective for the company from $10.50 to $7.00 in a research report on Friday, September 11th. The...

Analysts release their findings in research reports, which can be anything from one- or two-page summaries to detailed documents that are dozens of pages long. Also shows the analyst firms making the recommendations. The stock garnered a place in the hold list of 5 stock...

Petrobras has announced cutting its 2020 production target by 30% to 3.7 million barrels of oil equivalent per day (Boe/d), and slashing corporate expenses by $12 billion. RTM covers the refining, logistics, transport and trading of crude oil and oil products activities, export...