Barclays Sees Sharp Upside In This Airline Company


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  • Barclays analyst Pablo Monsivais initiated Gol Linhas Aereas Inteligentes SA (NYSE:GOL) with an Overweight rating and a price target of $8, implying an upside of 26%. 
  • Monsivais says the airliner relies on its cost leadership, which creates a "strong business moat amid the current uncertain environment."
  • As Gol accelerates its fleet transformation plan, replacing Boeing 737 NG with MAXs, unit costs should decrease even further, says the analyst.
  • Also read: GOL Expects Q4 Capacity To Improve By 30% Sequentially.
  • Price Action: GOL shares are trading higher by 4.08% at $6.37 on the last check Monday.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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Posted In: Analyst ColorNewsPrice TargetInitiationSmall CapAnalyst RatingsMoversTrading IdeasBriefs