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

2026-02-19 15:16:20

Citigroup downgraded Braskem S.A. (BAK) from Neutral to Sell on February 16, 2026, citing rising downside risks to earnings and sentiment and current catalysts not supporting a Neutral stance. The downgrade, which did not include a new price target, indicates Citi’s preference for reduced exposure to Braskem. Investors are advised to reassess position sizing and consider potential increased volatility, although Meyka AI still rates BAK with a grade of B.

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