Goldman Sachs analyst Bruno Amorim downgraded Rumo (RUMOF) to Neutral from Buy with a R$20.50 price target citing decelerating momentum going into 2025 and what the firm sees as limited room for upward consensus revisions.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.