Marcopolo Shares Soar as JPMorgan Forecasts Over 70% Upside Potential

Despite a 30% year-to-date increase, JPMorgan continues endorsing Marcopolo’s stock (POMO4) with a strong buy recommendation. The firm raised its target price from R$10 to R$12, signaling a 73% growth potential from Thursday’s close at R$6.93. Consequently, by midday Friday in São Paulo, POMO4’s value had risen by 7.07% to R$7.32. Analysts emphasize that the […]