Gerdau Shares Rise After Itau BBA Upgrade

MT Newswires Live

04/02

Gerdau (GGB) shares were up 4.9% in Wednesday's afternoon trading after Itau BBA upgraded the stock to outperform from market perform, and adjusted its price target to $4.60 from $4.70.

Trading volume stood at over 20.6 million shares, versus the daily average of more than 20.1 million.

Price: 3.79, Change: +0.18, Percent Change: +4.85

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