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    Home » Braskem sinks as UBS cuts to Sell as Chinese capability additions preserve spreads beneath stress | Invesloan.com
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    Braskem sinks as UBS cuts to Sell as Chinese capability additions preserve spreads beneath stress | Invesloan.com

    September 16, 2026
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    Braskem factory in Bahia

    Joa_Souza/iStock Unreleased via Getty Images

    Braskem (BAK) plunged 15.2% in Wednesday’s trading as UBS downgraded the Brazilian petrochemical company to Sell from Neutral with a $1.50 ADR price target, slashed from $4, citing persistent headwinds from spreads and restructuring.

    UBS is late on the downgrade, analyst Tasso

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