HSBC Upgrades Cosan (CZZ) to Buy

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UPDATE: JPMorgan Downgrades Cosan (CZZ) to Neutral

July 7, 2020 3:18 AM EDT

(Updated - July 7, 2020 5:14 AM EDT)

(updating comment)

JPMorgan analyst Lucas Ferriera downgraded Cosan (NYSE: CZZ) from Overweight to Neutral with a price target of $18.00 (from $17.50).

The analyst comments "As a result of the recently announced structure simplification, management... More