Reported 2 days ago
Goldman Sachs has raised the price target for Ultrapar Participações S.A. (NYSE:UGP) to $4.5 following a significant increase in stock value, which has risen more than 18.33% since it reported a strong fiscal second quarter in 2025, boasting a 5.29% year-over-year revenue growth and a 148.53% increase in net income. The Brazilian company focuses on automotive fuel retail and anticipates improved volumes and profitability in the next quarter.
Source: YAHOO