LT SA/ADR (LGSXY) Downgraded by JPMorgan Chase & Co.

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

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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