Eletrobras Maintains BB Rating with Stable Outlook, Boosting Investment Confidence

Eletrobras has maintained its BB rating with a stable outlook from S&P, citing progress in operational efficiency, reduced contingencies, and organizational simplification. The company's approval of a Settlement Agreement with the government is also a positive factor. Analysts are bullish on EBR.B stock, with a Buy rating and $9.00 price target.