BWS Financial Reiterates “Buy” Rating for Azul S.A. American Depositary Shares, each representing two (2) Common Shares (NYSEAMERICAN:AZUL)

Azul S.A. American Depositary Shares, each representing two (2) Common Shares (NYSEAMERICAN:AZULGet Free Report)‘s stock had its “buy” rating reiterated by investment analysts at BWS Financial in a report released on Monday,Benzinga reports. They presently have a $20.00 price target on the stock.

Azul S.A. American Depositary Shares, each representing two (2) Common Shares Stock Performance

Azul SA is a Brazilian airline company that operates a broad passenger air transportation network across Brazil. The company provides scheduled passenger service, connecting major metropolitan areas as well as regional destinations through a mix of high-density and smaller-market routes.

In addition to passenger transportation, Azul offers cargo and related aviation services. Its business is built around serving domestic travel demand in Brazil, with an emphasis on expanding connectivity to cities that may be underserved by larger carriers.

Azul was founded in 2008 and has grown into one of the major airlines in Brazil.

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