Brazil · Markets
Key Facts
—Morgan Stanley upgrades Vibra to buy The bank sees stronger earnings potential as Brazil cracks down on fuel-market irregularities, making the sector more attractive for investors.
—Scotiabank raises Ultrapar to Outperform The Canadian bank’s upgrade and R$22 target reflect confidence that improved competitive conditions will boost Ultrapar’s returns.
—CPPIB fully exits Ultrapar The Canadian pension giant sold its entire stake of 44 million shares, a move that can affect short-term stock liquidity and price stability.
