Azul (NYSE:AZUL) Shares Gap Up – What’s Next?

Azul (NYSE:AZUL – Get Free Report) gapped up prior to trading on Tuesday. The stock had previously closed at $4.36, but opened at $4.80. Azul shares last traded at $4.8340, with a volume of 5,619 shares trading hands.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on AZUL shares. Zacks Research raised shares of Azul from a “strong sell” rating to a “hold” rating in a report on Friday, October 16th. Deutsche Bank Aktiengesellschaft began coverage on shares of Azul in a report on Wednesday, September 9th. They issued a “buy” rating and a $11.00 price objective on the stock. Wall Street Zen upgraded Azul from a “sell” rating to a “hold” rating in a research report on Saturday, October 24th. Weiss Ratings cut Azul from a “sell (d)” rating to a “sell (d-)” rating in a research note on Tuesday, October 27th. Finally, BWS Financial reiterated a “buy” rating and issued a $20.00 price objective on shares of Azul in a research report on Monday, September 21st. Two analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $13.03.

Get Our Latest Analysis on Azul

Azul Stock Up 1.1%

The stock’s 50-day moving average is $6.28.

Azul Company Profile

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