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Citi reiterates neutral recommendation for Petrobras (Petr4) and sees a chance of cutting Capex for 2026 - Global Happenings

Capital view is sold in Petrobras after being bought for almost six years (image: Caio Acquesta/Istock) Citi analysts reiterated the neutral recommendation for Petrobras (PETR4) shares in a report sent to customers on Wednesday, which also maintained the target price of the papers at $ 35-or $ 12.50 in the case of ADRs (receipts of the actions traded in the United States). Continues after advertising Continues after advertising They stated…
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Global Happenings broke the news in on Thursday, August 14, 2025.
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