Petrobras Shares Rated Hold by Zacks Research, Weiss Restates Buy
Weiss Ratings restated a buy (b-) rating on Petroleo Brasileiro S.A.- Petrobras shares, with multiple research analysts assigning Buy or Hold ratings. Reports also note several asset managers increased their Petrobras positions during recent quarters, including larger stake growth and new share purchases, reflecting shifting investor interest rather than company operational changes.