Azul’s (AZUL) “Buy” Rating Reiterated at BWS Financial

Azul (NYSE:AZUL)‘s stock had its “buy” rating reaffirmed by equities researchers at BWS Financial in a research note issued on Friday,Benzinga reports. They presently have a $20.00 price objective on the stock. BWS Financial’s target price indicates a potential upside of 120.99% from the company’s previous close.

Azul Price Performance

NYSE:AZUL traded up $0.32 during mid-day trading on Friday, reaching $9.05. The stock had a trading volume of 153,497 shares.

Azul SA is a Brazilian airline that provides passenger and cargo air transportation services. The company operates a broad domestic network within Brazil and also serves select international destinations in South America, North America, and Europe. Its business includes scheduled flights, charter services, and cargo operations, supported by a fleet designed to connect major urban centers as well as smaller regional markets.

Founded in 2008, Azul grew rapidly by focusing on underserved routes in Brazil and offering a wide range of travel options for leisure and business customers.