Alert: Rating Downgrade (3/1/24)-Embraer SA (NYSE: ERJ).

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Stock Rating Downgrade

In recent days the Value Trend Rating for Embraer SA (NYSE: ERJ) weakened from B to C reflecting eroding fundamentals and low Appreciation Potential.

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Recent Price Action

On 3/1/24, Embraer SA (NYSE: ERJ) stock enjoyed a very large increase of 7.0%, closing at $20.85. Moreover, trading volume in this advance was exceptionally high at 314% of normal. The stock has risen 13.9% during the last week and has been exceptionally strong relative to the market over the last nine months.

Current PriceTarget Research Rating

ERJ is expected to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Embraer has a current Value Trend Rating of C (High Neutral). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Embraer has a neutral Appreciation Score of 42 but a good Power Rating of 83, resulting in the High Neutral Value Trend Rating.

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