Citi BB Seguridade Sell Rating Sees Up to 55 Percent Downside

BRAZIL · BUSINESS Key Facts —The call: The Citi BB Seguridade sell rating is new: the US bank cut Brazil’s largest insurance holding from neutral to sell and trimmed its price target from 36 to 35 reais (US$6.86). —The scenarios: Citi’s bull case values the stock at 45 reais (US$8.82), barely 6% above the market; […] The post Citi BB Seguridade Sell Rating Sees Up to 55 Percent Downside appeared first on The Rio Times.

This story was originally reported by The Rio Times. As an automated real-time news aggregator, NewsToolBar provides multi-perspective indexing and AI summarization while directing full readership directly to primary publisher sources.