Stock Track | Inter & Co Soars 5% as UBS Raises Target Price and Maintains Buy Rating

Stock Track08-12

Shares of Inter & Co Inc (INTR) are soaring 5.03% in Tuesday's intraday trading session, following a positive analyst update from UBS. The surge comes as investors react to the investment bank's bullish stance on the company.

UBS has maintained its Buy rating on Inter & Co, signaling continued confidence in the company's prospects. More notably, the investment bank has raised its target price for INTR stock to $9.2 from the previous $8.1, representing a significant upward revision in their valuation of the company.

The increased target price and maintained Buy rating suggest that UBS sees substantial upside potential in Inter & Co's stock. This vote of confidence from a major financial institution is likely driving the strong investor interest and contributing to the stock's impressive performance today. As always, investors are advised to conduct their own research and consider their individual financial situations before making investment decisions based on analyst recommendations.

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