Grupo Santander upgraded Ultrapar to Outperform from Neutral with a $5.50 price target. The stock’s underperformance does not reflect the company’s improved strategy and solid momentum, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on UGP: