Cowen & Company Upgrades Embraer To Outperform

Analysts at Cowen & Company upgraded Embraer SA (ADR) (NYSE: ERJ) from Neutral to Outperform.

Embraer shares have dropped 13.96 percent over the past 52 weeks, while the S&P 500 index has surged 7.19 percent in the same period.

Embraer shares climbed 1.15 percent to close at $31.61 yesterday.