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Strong refining margins in Q1 have led some analysts to mark up their PBR stock forecast, particularly for Petrobras’ downstream segment profitability outlook. Stock Predictions - See Stock Predictions Today - Seeking Alpha Let's take a look at what these Wall Street heavyweights have to say about Petrobras (PBR) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Energy sector strategists have raised their PBR stock forecast after Petrobras announced record-breaking pre-salt production for April. These output levels strengthen cash flow visibility through mid-2024, making dividend yields above 10% more sustainable.
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