Goldman Sachs Maintains Neutral on Ultrapar Participacoes, Raises Price Target to $4.6
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Bruno Amorim has maintained a Neutral rating on Ultrapar Participacoes (NYSE:UGP) and increased the price target from $4 to $4.6.
November 13, 2023 | 1:35 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Goldman Sachs analyst Bruno Amorim reaffirmed a Neutral rating on Ultrapar Participacoes and raised the price target to $4.6.
The increase in price target by a prominent analyst like Bruno Amorim from Goldman Sachs suggests a positive outlook on the stock's value, which could lead to increased investor interest and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100