JPMorgan Chase & Co. Downgrades LT SA/ADR (LGSXY) to Neutral

JPMorgan Chase & Co. cut shares of LT SA/ADR (OTCMKTS:LGSXY) from an overweight rating to a neutral rating in a research note published on Tuesday morning, The Fly reports.

Shares of OTCMKTS:LGSXY opened at $3.98 on Tuesday.


Light SA, through its subsidiaries, engages in the generation, transmission, distribution, and sale of electric power in Brazil. The company generates power through solar, wind, and hydro power plants. It operates in 31 cities of the state of Rio de Janeiro covering a population of approximately 11 million customers.

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