What happened in the Feb 16, 2026 Citi note on Braskem

Citigroup moved Braskem S.A. (BAK) from Neutral to Sell on **February 16, 2026**, per TheFly. The note cited rising downside risks but reported no new price target in the public summary.

How should investors interpret the BAK analyst rating change

A Sell rating from Citi suggests reduced conviction and higher near-term risk for BAK. Investors should review position sizing, monitor catalysts, and compare the downgrade to broader analyst views.

Did Citi set a new BAK price target with the downgrade

No price target was published in the summary captured by TheFly. The public note recorded the downgrade without an accompanying new target at the time of release.

How does Meyka view the downgrade in its grading

Meyka AI rates BAK with a grade of B. The downgrade influences our real-time coverage score but did not alone move the grade off its current level without further data.

Analyst Ratings

Citi downgrades Braskem S.A. (BAK) to Sell Feb 16 2026

ByHuzaifa Zahoor February 17, 2026February 17, 2026

Citigroup downgraded Braskem S.A. (BAK) from Neutral to Sell on February 16, 2026. The BAK analyst rating shift is the day’s primary broker action and reflects Citi’s more cautious near-term view. This move came without a reported price target change in the public note. Investors should weigh the downgrade against Braskem’s valuation, recent results, and Brazil commodity dynamics. Meyka AI flags this as a notable shift in analyst tone and tracks the coverage in real time.