HSBC downgrades Cosan stock rating to Reduce amid declining portfolio value
NegativeFinancial Markets
HSBC has downgraded its rating for Cosan's stock to 'Reduce' due to a significant decline in the company's portfolio value. This decision reflects concerns about Cosan's financial health and could impact investor confidence. As a major player in the energy and logistics sectors, any negative shift in Cosan's stock could have broader implications for the market and its stakeholders.
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