Braskem price target lowered to $3.30 from $3.70 at BofA

BofA lowered the firm’s price target connected Braskem (BAK) to $3.30 from $3.70 and keeps a Neutral standing connected the shares aft the Brazilian President sanctioned the Draft Bill (PL) 892/2025, which establishes the PRESIQ payment and the REIQ’s complaint schedule, but vetoed the projected summation successful REIQ for 2026. The steadfast had already incorporated the benefits of the summation successful REIQ for 2026 and the Presiq for 2027-31, truthful it truthful sees the quality arsenic negative, the expert tells investors.

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