JP Morgan Downgrades Ultrapar Participacoes To Neutral

Analysts at JP Morgan downgraded

from Overweight to Neutral. The price target for Ultrapar Participacoes is set to $26. Ultrapar Participacoes shares have dropped 8.60 percent over the past 52 weeks, while the S&P 500 index has surged 6.59 percent in the same period. Ultrapar Participacoes shares closed at $22.12 yesterday.