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Fly News Breaks for April 11, 2017
UGP
Apr 11, 2017 | 06:37 EDT
Citi analyst Pedro Medeiros downgraded Ultrapar to Neutral citing the 12% rally in the shares coupled with the "weak growth: forecast from Ipiranga and Oxiteno in the first half of 2017. The analyst raised his price target for the shares to R$79.20 from R$77.00.
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