Ultrapar Participacoes (NYSE:UGP) Stock

Ultrapar Participacoes

Ultrapar Participacoes SA engages in the investment of its own capital in services, commercial, industrial activities, through the subscription or acquisition of shares of other companies. The Company has three business segments: gas distribution, fuel distribution and storage. The gas distribution segment (Ultragaz) distributes LPG to residential, commercial, and industrial consumers, especially in the South, Southeast, and Northeast regions of Brazil. The fuel distribution segment operates the distribution and marketing of gasoline, ethanol, diesel, fuel oil, kerosene, natural gas for vehicles, and lubricants and related activities throughout all the Brazilian territory. The storage segment operates liquid bulk terminals, especially in the Southeast and Northeast regions of Brazil.

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Top 3 Energy Stocks That Could Blast Off This Month

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MTDR

Matador Resources Company (NYSE: MTDR) is a leading upstream player, having a strong foothold in prolific oil and natural gas shale and other unconventional plays. The company is likely to see earnings growth in 2024 and 2025.

Here&#39;s Why Hold Strategy is Apt for Matador Stock Now

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HAMMERHEAD ENERGY INC A by Hammerhead Energy Inc.

HHRS

As of Nov. 15, 2023, three stocks in the energy sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Top 3 Energy Stocks That May Implode In Q4

Ultrapar Participacoes S.A. (New) American Depositary Shares (Each representing one Common Share)

Ultrapar Participacoes SA

Goldman Sachs analyst Bruno Amorim maintains Ultrapar Participacoes (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UGP#NYSE">UGP</a>) with a Neutral and lowers the price target from $4.8 to $4.1.

Price Target

Goldman Sachs Maintains Neutral on Ultrapar Participacoes, Lowers Price Target to $4.1

WIIM

Ultrapar Participacoes shares are trading higher after JP Morgan upgraded the stock from Neutral to Overweight.

JP Morgan analyst Rodolfo Angele upgrades Ultrapar Participacoes (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UGP#NYSE">UGP</a>) from Neutral to Overweight.

Upgrades

JP Morgan Upgrades Ultrapar Participacoes to Overweight

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Goldman Sachs analyst Bruno Amorim maintains Ultrapar Participacoes (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UGP#NYSE">UGP</a>) with a Neutral and lowers the price target from $5.9 to $5.2.

Goldman Sachs Maintains Neutral on Ultrapar Participacoes, Lowers Price Target to $5.2

Citigroup analyst Gabriel Barra upgrades Ultrapar Participacoes (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UGP#NYSE">UGP</a>) from Neutral to Buy.

Citigroup Upgrades Ultrapar Participacoes to Buy

The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies.
The RSI is a momentum indicator, which compares a stock&#8217;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#8217;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the <a href="https://www.benzinga.com/topic/rsi">RSI is below 30</a>, according to <a href="https://pro.benzinga.com/">Benzinga Pro</a>.
Here's the latest list of major oversold players in this sector, having an RSI near or below 30.
<h3 class="wp-block-heading">FutureFuel Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FF#NYSE">FF</a>)</h3>
<ul>
<li>On May 29, FutureFuel said its CEO Tom McKinlay will retire, effective Sept. 30. The company's stock fell around 10% over the past five days and has a <a href="https://www.benzinga.com/quote/FF">52-week low of $4.26</a>.</li>
<li>RSI Value: 24.57</li>
<li>FF Price Action: Shares of FutureFuel closed at $4.28 on Friday.</li>
</ul>
<ul>
<li><a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent060324&amp;t=be2bearmibe3na1">Benzinga Pro's real-time newsfeed</a> alerted to latest FutureFuel news.</li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent060324&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="685" height="667" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/03064521/Screenshot-2024-06-03-at-4.15.15-PM.png" alt="" class="wp-image-367493" style="width:553px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/03064521/Screenshot-2024-06-03-at-4.15.15-PM.png 685w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/03064521/Screenshot-2024-06-03-at-4.15.15-PM-300x292.png 300w" sizes="(max-width: 685px) 100vw, 685px" /></a></figure>
<h3 class="wp-block-heading">Green Plains Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GPRE#NASDAQ">GPRE</a>)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</h3>
<ul>
<li>On May 3, Green Plains posted weaker-than-expected quarterly sales. &#8220;Margins in the first quarter were weaker across our product mix and we were impacted by industry oversupply during a mild winter leading to stock builds and lower prices realized, though margins have improved from the first quarter lows, and compared to this time frame in prior years the forward curve looks better for the rest of the year,&#8221; said Todd Becker, President and Chief Executive Officer. The company's stock fell around 15% over the past month. It <a href="https://www.benzinga.com/quote/GPRE">has a 52-week low</a> of $16.74.</li>
<li>RSI Value: 28.67</li>
<li>GPRE Price Action: Shares of Green Plains gained 1.1% to close at $17.17 on Friday.</li>
<li><a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent060324&amp;t=be2bearmibe3na1">Benzinga Pro's charting tool</a> helped identify the trend in GPRE's stock.</li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent060324&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="686" height="741" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/03064700/Screenshot-2024-06-03-at-4.16.55-PM.png" alt="" class="wp-image-367497" style="width:508px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/03064700/Screenshot-2024-06-03-at-4.16.55-PM.png 686w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/03064700/Screenshot-2024-06-03-at-4.16.55-PM-278x300.png 278w" sizes="(max-width: 686px) 100vw, 686px" /></a></figure>
<h3 class="wp-block-heading">Ultrapar Participações S.A. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UGP#NYSE">UGP</a>)</h3>
<ul>
<li>The company's stock fell around 17% over the past month and has a 52-week <a href="https://www.benzinga.com/quote/UGP">low of $3.40</a>.</li>
<li>RSI Value: 28.19</li>
<li>UGP Price Action: Shares of Ultrapar Participações fell 3.5% to close at $4.43 on Friday.</li>
<li>Benzinga Pro's signals feature notified of a potential breakout in <a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent060324&amp;t=be2bearmibe3na1">Ultrapar Participações shares</a>.</li>
</ul>
<figure class="wp-block-image size-full"><a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent060324&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="687" height="347" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/03064757/Screenshot-2024-06-03-at-4.17.52-PM.png" alt="" class="wp-image-367498" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/03064757/Screenshot-2024-06-03-at-4.17.52-PM.png 687w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/03064757/Screenshot-2024-06-03-at-4.17.52-PM-300x152.png 300w" sizes="(max-width: 687px) 100vw, 687px" /></a></figure>
Read More: <a href="https://www.benzinga.com/news/earnings/24/06/39130380/investor-optimism-improves-us-stocks-record-gains-for-may">Investor Optimism Improves; US Stocks Record Gains For May</a>

Matador Resources Company&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mtdr#NYSE">MTDR</a>) is a leading upstream player, having a strong foothold in prolific oil and natural gas shale and other unconventional plays. The company is likely to see earnings growth in 2024 and 2025.
<h3>What&#39;s Favoring the Stock?</h3>
The price of West Texas Intermediate crude, trading close to $80 per barrel, is highly favorable for exploration and production activities. Handsome crude price is likely to aid MTDR, carrying a Zacks Rank #3 (Hold), in increasing production volumes. For 2024, the company guided its total oil production in the band of 91,000 to 95,000 Bbl/d, suggesting a year-over-year hike of 23%.
On another positive note, Matador plans to turn to sales a net of 103.6 wells this year &mdash; including operated and non-operated wells. Its prime priorities are lowering debt, delivering free cashflows and maintaining or increasing dividends.
Overall, handsome commodity prices and expectations for higher production will likely aid Matador Resources&#39; bottom line.&nbsp;
<h3>Risks</h3>
However, being an upstream energy player, the company&#39;s overall operations are exposed to extreme volatility in oil and natural gas prices. This is reflected in the company&#39;s beta of 3.33.
<h3>Stocks to Consider</h3>
Better-ranked energy companies include Sunoco LP (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/sun#NYSE">SUN</a>), Ultrapar Participacoes SA (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ugp#NYSE">UGP</a>) and Eni SpA (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/e#NYSE">E</a>). All the stocks carry a Zacks Rank #2 (Buy).
Sunoco, the leading independent fuel distributor in the United States, has a stable business model and relatively lower exposure to commodity price volatility. This is because the partnership distributes fuel to branded distributors under long-term contracts.&nbsp;
Ultrapar Participacoes has a stable business model banking on its huge network of energy and infrastructure businesses in Brazil. Being a leading distributor of liquefied petroleum gas to residential, commercial, and industrial consumers, Ultrapar may continue to generate stable cashflows.
Eni is leading the energy transition as well. The integrated energy player has been building a full set of decarbonized products and services for clients to achieve carbon neutrality by mid-century. Even though the energy business scenario is challenging, Eni&#39;s efficient exploration keeps it highly competitive.
<a href="https://www.zacks.com/stock/news/2275425/here-s-why-hold-strategy-is-apt-for-matador-mtdr-stock-now?cid=CS-BENZ-FT-analyst_blog|rank_focused-2275425">To read this article on Zacks.com click here.</a>

Here's Why Hold Strategy is Apt for Matador Stock Now

Goldman Sachs analyst Bruno Amorim maintains Ultrapar Participacoes (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UGP#NYSE">UGP</a>) with a Neutral and raises the price target from $5.3 to $6.

Goldman Sachs Maintains Neutral on Ultrapar Participacoes, Raises Price Target to $6

Goldman Sachs analyst Bruno Amorim maintains Ultrapar Participacoes (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UGP#NYSE">UGP</a>) with a Neutral and raises the price target from $4.6 to $5.3.

Goldman Sachs Maintains Neutral on Ultrapar Participacoes, Raises Price Target to $5.3

As of Nov. 15, 2023, three stocks in the energy sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
The RSI is a momentum indicator, which compares a stock&#39;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#39;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the <a href="https://www.benzinga.com/topic/rsi"> RSI is above 70</a>, according to <a href="https://pro.benzinga.com/"> Benzinga Pro</a>.
Here&rsquo;s the latest list of major overbought players in this sector.
<h3>Teekay Tankers Ltd. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tnk#NYSE">TNK</a>)</h3>
<ul>
<li>Teekay Tankers posted upbeat quarterly results. The company&rsquo;s stock has a <a href="https://www.benzinga.com/quote/TNK">52-week high of $54.11. </a>.</li>
<li>RSI Value: 70.60</li>
<li>TNK Price Action: Shares of Teekay Tankers fell 1.3% to close at $52.09 on Tuesday.</li>
</ul>
<h3>Hammerhead Energy Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/hhrs#NASDAQ">HHRS</a>)</h3>
<ul>
<li>During the third quarter, Hammerhead delivered record production. Scott Sobie, President and CEO of Hammerhead notes, &ldquo;Hammerhead has achieved record cost outcomes at the same time that new wells (North Karr 10-14) have materially exceeded our type curve assumptions.&rdquo; The company&rsquo;s <a href="https://www.benzinga.com/quote/HHRS"> stock has a 52-week high </a> of $39.30.</li>
<li>RSI Value: 70.08</li>
<li>HHRS Price Action: Shares of Hammerhead Energy gained 0.9% to close at $14.89 on Tuesday.</li>
</ul>
<h3>Ultrapar Participa&ccedil;&otilde;es S.A. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ugp#NYSE">UGP</a>)</h3>
<ul>
<li>The company&rsquo;s stock jumped 25% over the past month. The company has a <a href="https://www.benzinga.com/quote/UGP"> 52-week high </a> of $4.98.</li>
<li>RSI Value: 71.46</li>
<li>UGP Price Action: Shares of Ultrapar Participa&ccedil;&otilde;es gained 3.5% to close at $4.97 on Tuesday.</li>
</ul>
&nbsp;
Read More: <a href="https://www.benzinga.com/news/earnings/23/11/35797968/target-cisco-and-3-stocks-to-watch-heading-into-wednesday"> Target, Cisco And 3 Stocks To Watch Heading Into Wednesday </a>

Goldman Sachs analyst Bruno Amorim maintains Ultrapar Participacoes (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UGP#NYSE">UGP</a>) with a Neutral and raises the price target from $4 to $4.6.

Goldman Sachs Maintains Neutral on Ultrapar Participacoes, Raises Price Target to $4.6

<h3>Upgrades</h3>
According to Truist Securities, the prior rating for International Paper Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IP#NYSE">IP</a>) was changed from Hold to Buy. In the second quarter, International Paper showed an EPS of $0.59, compared to $1.24 from the year-ago quarter. The current stock performance of International Paper shows a 52-week-high of $41.89 and a 52-week-low of $29.00. Moreover, at the end of the last trading period, the closing price was at $33.72. 
According to B of A Securities, the prior rating for Nutanix Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTNX#NASDAQ">NTNX</a>) was changed from Neutral to Buy. Nutanix earned $0.24 in the fourth quarter, compared to $0.17 in the year-ago quarter. The stock has a 52-week-high of $36.71 and a 52-week-low of $19.97. At the end of the last trading period, Nutanix closed at $33.75. 
For Enphase Energy Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENPH#NASDAQ">ENPH</a>), Seaport Global upgraded the previous rating of Neutral to Buy. For the second quarter, Enphase Energy had an EPS of $1.47, compared to year-ago quarter EPS of $1.07. The stock has a 52-week-high of $339.88 and a 52-week-low of $116.86. At the end of the last trading period, Enphase Energy closed at $123.97. 
For European Wax Center Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EWCZ#NASDAQ">EWCZ</a>), Piper Sandler upgraded the previous rating of Neutral to Overweight. European Wax Center earned $0.11 in the second quarter, compared to $0.19 in the year-ago quarter. The stock has a 52-week-high of $20.70 and a 52-week-low of $12.02. At the end of the last trading period, European Wax Center closed at $17.24. 
Baird upgraded the previous rating for HealthEquity Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HQY#NASDAQ">HQY</a>) from Neutral to Outperform. HealthEquity earned $0.53 in the second quarter, compared to $0.33 in the year-ago quarter. At the moment, the stock has a 52-week-high of $79.16 and a 52-week-low of $48.86. HealthEquity closed at $70.97 at the end of the last trading period. 
According to JP Morgan, the prior rating for New Jersey Resources Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NJR#NYSE">NJR</a>) was changed from Underweight to Neutral. New Jersey Resources earned $0.10 in the third quarter, compared to $0.04 in the year-ago quarter. The stock has a 52-week-high of $55.84 and a 52-week-low of $38.23. At the end of the last trading period, New Jersey Resources closed at $42.17. 
For Five9 Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIVN#NASDAQ">FIVN</a>), Deutsche Bank upgraded the previous rating of Hold to Buy. For the second quarter, Five9 had an EPS of $0.52, compared to year-ago quarter EPS of $0.34. The current stock performance of Five9 shows a 52-week-high of $89.58 and a 52-week-low of $46.63. Moreover, at the end of the last trading period, the closing price was at $66.42. 
According to Morgan Stanley, the prior rating for Buenaventura Mining Co Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BVN#NYSE">BVN</a>) was changed from Equal-Weight to Overweight. Buenaventura Mining Co earned $0.03 in the second quarter, compared to $0.16 in the year-ago quarter. The current stock performance of Buenaventura Mining Co shows a 52-week-high of $8.92 and a 52-week-low of $5.75. Moreover, at the end of the last trading period, the closing price was at $8.26. 
According to Keefe, Bruyette &amp; Woods, the prior rating for Truist Financial Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TFC#NYSE">TFC</a>) was changed from Market Perform to Outperform. Truist Finl earned $0.95 in the second quarter, compared to $1.20 in the year-ago quarter. The current stock performance of Truist Finl shows a 52-week-high of $53.34 and a 52-week-low of $25.56. Moreover, at the end of the last trading period, the closing price was at $28.37. 
<a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">See all analyst ratings upgrades.</a>
<h3>Downgrades</h3>
According to William Blair, the prior rating for Splunk Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SPLK#NASDAQ">SPLK</a>) was changed from Outperform to Market Perform. Splunk earned $0.71 in the second quarter, compared to $0.09 in the year-ago quarter. The current stock performance of Splunk shows a 52-week-high of $125.91 and a 52-week-low of $65.00. Moreover, at the end of the last trading period, the closing price was at $119.59. 
For Seelos Therapeutics Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEEL#NASDAQ">SEEL</a>), Guggenheim downgraded the previous rating of Buy to Neutral. In the second quarter, Seelos Therapeutics showed an EPS of $0.22, compared to $0.20 from the year-ago quarter. The current stock performance of Seelos Therapeutics shows a 52-week-high of $1.66 and a 52-week-low of $0.23. Moreover, at the end of the last trading period, the closing price was at $0.31. 
According to Argus Research, the prior rating for Silk Road Medical Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SILK#NASDAQ">SILK</a>) was changed from Buy to Hold. Silk Road Medical earned $0.35 in the second quarter, compared to $0.45 in the year-ago quarter. The stock has a 52-week-high of $58.04 and a 52-week-low of $15.94. At the end of the last trading period, Silk Road Medical closed at $15.98. 
Citigroup downgraded the previous rating for Frontier Group Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULCC#NASDAQ">ULCC</a>) from Buy to Neutral. Frontier Group Holdings earned $0.31 in the second quarter, compared to $0.09 in the year-ago quarter. At the moment, the stock has a 52-week-high of $14.34 and a 52-week-low of $4.78. Frontier Group Holdings closed at $4.80 at the end of the last trading period. 
For Brighthouse Financial Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BHF#NASDAQ">BHF</a>), Goldman Sachs downgraded the previous rating of Neutral to Sell. Brighthouse Finl earned $4.13 in the second quarter, compared to $3.29 in the year-ago quarter. At the moment, the stock has a 52-week-high of $60.54 and a 52-week-low of $39.23. Brighthouse Finl closed at $51.27 at the end of the last trading period. 
According to Cantor Fitzgerald, the prior rating for Seelos Therapeutics Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEEL#NASDAQ">SEEL</a>) was changed from Overweight to Neutral. In the second quarter, Seelos Therapeutics showed an EPS of $0.22, compared to $0.20 from the year-ago quarter. The current stock performance of Seelos Therapeutics shows a 52-week-high of $1.66 and a 52-week-low of $0.23. Moreover, at the end of the last trading period, the closing price was at $0.31. 
Goldman Sachs downgraded the previous rating for BanColombia SA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CIB#NYSE">CIB</a>) from Buy to Neutral. For the second quarter, BanColombia had an EPS of $1.37, compared to year-ago quarter EPS of $1.78. The current stock performance of BanColombia shows a 52-week-high of $30.89 and a 52-week-low of $21.55. Moreover, at the end of the last trading period, the closing price was at $28.10. 
<a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">See all analyst ratings downgrades.</a>
<h3>Initiations</h3>
B. Riley Securities initiated coverage on YETI Holdings Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YETI#NYSE">YETI</a>) with a Neutral rating. The price target for YETI Holdings is set to $50.00. In the second quarter, YETI Holdings showed an EPS of $0.57, compared to $0.63 from the year-ago quarter. At the moment, the stock has a 52-week-high of $51.27 and a 52-week-low of $27.95. YETI Holdings closed at $49.55 at the end of the last trading period. 
BTIG initiated coverage on Overstock.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OSTK#NASDAQ">OSTK</a>) with a Neutral rating. Overstock.com earned $0.02 in the second quarter, compared to $0.19 in the year-ago quarter. At the moment, the stock has a 52-week-high of $39.27 and a 52-week-low of $17.05. Overstock.com closed at $17.95 at the end of the last trading period. 
With an Underperform rating, Jefferies initiated coverage on Ecopetrol SA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EC#NYSE">EC</a>). The price target seems to have been set at $11.20 for Ecopetrol. Ecopetrol earned $0.45 in the second quarter, compared to $1.30 in the year-ago quarter. The current stock performance of Ecopetrol shows a 52-week-high of $13.08 and a 52-week-low of $8.59. Moreover, at the end of the last trading period, the closing price was at $12.90. 
With a Hold rating, Jefferies initiated coverage on YPF SA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YPF#NYSE">YPF</a>). The price target seems to have been set at $14.50 for YPF. YPF earned $0.82 in the second quarter, compared to $2.01 in the year-ago quarter. The current stock performance of YPF shows a 52-week-high of $16.19 and a 52-week-low of $6.01. Moreover, at the end of the last trading period, the closing price was at $12.79. 
Jefferies initiated coverage on Pampa Energia SA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAM#NYSE">PAM</a>) with a Buy rating. The price target for Pampa Energia is set to $56.00. For the second quarter, Pampa Energia had an EPS of $3.01, compared to year-ago quarter EPS of $1.20. The stock has a 52-week-high of $48.79 and a 52-week-low of $22.05. At the end of the last trading period, Pampa Energia closed at $40.33. 
With a Buy rating, Jefferies initiated coverage on GeoPark Ltd (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GPRK#NYSE">GPRK</a>). The price target seems to have been set at $14.50 for GeoPark. GeoPark earned $0.59 in the second quarter, compared to $1.13 in the year-ago quarter. The current stock performance of GeoPark shows a 52-week-high of $16.17 and a 52-week-low of $8.83. Moreover, at the end of the last trading period, the closing price was at $10.11. 
Jefferies initiated coverage on Petroleo Brasileiro SA Petrobras (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PBR#NYSE">PBR</a>) with a Buy rating. The price target for Petrobras Brasileiro is set to $21.20. Petrobras Brasileiro earned $0.90 in the second quarter, compared to $1.68 in the year-ago quarter. The current stock performance of Petrobras Brasileiro shows a 52-week-high of $16.32 and a 52-week-low of $8.88. Moreover, at the end of the last trading period, the closing price was at $15.33. 
Jefferies initiated coverage on Ultrapar Participacoes SA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UGP#NYSE">UGP</a>) with an Underperform rating. The price target for Ultrapar Participacoes is set to $3.30. In the second quarter, Ultrapar Participacoes showed an EPS of $0.04, compared to $0.07 from the year-ago quarter. The current stock performance of Ultrapar Participacoes shows a 52-week-high of $4.11 and a 52-week-low of $2.13. Moreover, at the end of the last trading period, the closing price was at $3.86. 
Jefferies initiated coverage on Vista Energy SAB de CV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VIST#NYSE">VIST</a>) with a Buy rating. The price target for Vista Energy is set to $40.00. For the second quarter, Vista Energy had an EPS of $0.52, compared to year-ago quarter EPS of $1.06. At the moment, the stock has a 52-week-high of $28.37 and a 52-week-low of $8.37. Vista Energy closed at $27.00 at the end of the last trading period. 
Barclays initiated coverage on Organon &amp; Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OGN#NYSE">OGN</a>) with an Overweight rating. The price target for Organon is set to $28.00. For the second quarter, Organon had an EPS of $1.31, compared to year-ago quarter EPS of $1.25. At the moment, the stock has a 52-week-high of $32.43 and a 52-week-low of $18.87. Organon closed at $18.92 at the end of the last trading period. 
Barclays initiated coverage on Alvotech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALVO#NASDAQ">ALVO</a>) with a Equal-Weight rating. The price target for Alvotech is set to $10.00. At the moment, the stock has a 52-week-high of $14.60 and a 52-week-low of $5.56. Alvotech closed at $9.10 at the end of the last trading period. 
For Broadstone Net Lease Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BNL#NYSE">BNL</a>), JMP Securities initiated coverage, by setting the current rating at Market Perform. In the second quarter, Broadstone Net Lease showed an EPS of $0.35, compared to $0.35 from the year-ago quarter. The current stock performance of Broadstone Net Lease shows a 52-week-high of $18.86 and a 52-week-low of $14.99. Moreover, at the end of the last trading period, the closing price was at $15.97. 
Wells Fargo initiated coverage on Realty Income Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/O#NYSE">O</a>) with a Equal-Weight rating. The price target for Realty Income is set to $59.00. For the second quarter, Realty Income had an EPS of $1.00, compared to year-ago quarter EPS of $0.97. The current stock performance of Realty Income shows a 52-week-high of $68.85 and a 52-week-low of $53.65. Moreover, at the end of the last trading period, the closing price was at $53.80. 
Wells Fargo initiated coverage on Agree Realty Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ADC#NYSE">ADC</a>) with an Overweight rating. The price target for Agree Realty is set to $70.00. For the second quarter, Agree Realty had an EPS of $0.98, compared to year-ago quarter EPS of $0.97. The current stock performance of Agree Realty shows a 52-week-high of $75.71 and a 52-week-low of $58.65. Moreover, at the end of the last trading period, the closing price was at $58.72. 
Wells Fargo initiated coverage on Four Corners Property Trust Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FCPT#NYSE">FCPT</a>) with an Overweight rating. The price target for Four Corners Prop is set to $28.00. For the second quarter, Four Corners Prop had an EPS of $0.42, compared to year-ago quarter EPS of $0.41. The stock has a 52-week-high of $29.30 and a 52-week-low of $22.70. At the end of the last trading period, Four Corners Prop closed at $24.13. 
With an Overweight rating, Wells Fargo initiated coverage on Essential Properties Realty Trust Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EPRT#NYSE">EPRT</a>). The price target seems to have been set at $27.00 for Essential Props Realty. Essential Props Realty earned $0.41 in the second quarter, compared to $0.38 in the year-ago quarter. The stock has a 52-week-high of $26.43 and a 52-week-low of $18.89. At the end of the last trading period, Essential Props Realty closed at $23.48. 
Wells Fargo initiated coverage on VICI Properties Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VICI#NYSE">VICI</a>) with an Overweight rating. The price target for VICI Props is set to $36.00. In the second quarter, VICI Props showed an EPS of $0.54, compared to $0.48 from the year-ago quarter. The current stock performance of VICI Props shows a 52-week-high of $35.07 and a 52-week-low of $28.49. Moreover, at the end of the last trading period, the closing price was at $30.66. 
With an Underweight rating, Wells Fargo initiated coverage on Spirit Realty Capital Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SRC#NYSE">SRC</a>). The price target seems to have been set at $36.00 for Spirit Realty Cap. In the second quarter, Spirit Realty Cap showed an EPS of $0.91, compared to $0.90 from the year-ago quarter. The stock has a 52-week-high of $44.65 and a 52-week-low of $34.44. At the end of the last trading period, Spirit Realty Cap closed at $36.67. 
Wells Fargo initiated coverage on EPR Properties (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EPR#NYSE">EPR</a>) with an Underweight rating. The price target for EPR Props is set to $40.00. For the second quarter, EPR Props had an EPS of $1.28, compared to year-ago quarter EPS of $1.17. At the moment, the stock has a 52-week-high of $47.71 and a 52-week-low of $33.92. EPR Props closed at $42.76 at the end of the last trading period. 
<a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">See all analyst ratings initiations.</a>

Downgrades

Initiation

Intraday Update

ALVO

Brighthouse Financial, Inc. - Common Stock

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EPRT

EWCZ

FCPT

FIVN

GPRK

NTNX

OSTK

SEEL

SILK

SPLK

ULCC

VICI

YETI

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