Goldman Sachs Maintains Buy on Ultrapar Participacoes, Raises Price Target to $4
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Bruno Amorim maintains a Buy rating on Ultrapar Participacoes (NYSE:UGP) and raises the price target from $3.4 to $4.
May 30, 2023 | 11:58 am
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Goldman Sachs maintains a Buy rating on Ultrapar Participacoes and raises the price target from $3.4 to $4.
Goldman Sachs' decision to maintain a Buy rating and raise the price target for Ultrapar Participacoes (UGP) indicates a positive outlook for the stock. This is likely to have a positive short-term impact on UGP's stock price as investors may see this as a sign of confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100