Goldman Sachs analyst Marcio Farid downgraded Usiminas (USNZY) to Neutral from Buy with a price target of R$5.20, down from R$8.40. Despite the recent share price gains and profitability, Usiminas still faces significant cyclical and structural challenges, mainly explained by China’s ongoing elevated steel exports in 2025 as well as a need for continuous above-depreciation capex execution to improve efficiency and structural competitiveness, the analyst tells investors in a research note.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on USNZY: