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Ultrapar Participacoes SA (Symbol: UGP) shares recently surpassed the average analyst 12-month target price of $4.04, trading at $4.09 per share. The stock’s performance prompts analysts to reconsider their evaluations, with one target as low as $3.46 and another as high as $4.50, resulting in a standard deviation of $0.54.
Currently, there are six strong buy ratings, one hold rating, and one sell rating for Ultrapar. The average rating among analysts is 1.63, where 1 indicates a strong buy and 5 indicates a strong sell.
This information is based on data provided by Zacks Investment Research and reflects the latest market sentiment regarding Ultrapar’s stock performance.
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