Itau BBA Upgrades Gerdau to Outperform
Itau BBA has upgraded its rating for Gerdau S.A. from Market Perform to Outperform, setting a price target of $5.80.
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UBS has increased its price target for Gerdau S.A. while maintaining a Buy rating on the stock.
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Itau BBA has upgraded its rating for Gerdau S.A. from Market Perform to Outperform, setting a price target of $5.80.
Gerdau S.A. announced its financial results for the third quarter of 2026, reporting an adjusted EBITDA of R$3.8 billion.