BB Seguridade is trading at BRL 39.54, down -4.03% after Citi downgraded it to sell and cut its target to BRL 35.

  • Citi warned that renewals of key Banco do Brasil distribution contracts could come under less favorable terms.
  • The stock is trading during an open session; no volume data was provided.
  • The broader Ibovespa was also weaker, despite gains in U.S. markets.