Point | The Point for Latin America Wednesday, 22 July 2026 Top Call | Company | Industry | Strategy & Economics | Global | Key Rating and Target Price Changes TopCall Iochpe-Maxion (MYPK3.SA) - Renewing Coverage: Turning More Constructive on 2H26 Trends; R$11/sh TP We are renewing our coverage on Iochpe-Maxion (MYPK) with a Neutral/High-Risk rating and R$11/sh TP. While 2Q26 is still likely to reflect softer volumes YoY, largely due to a tougher comparison base and weakness in Brazilian trucks, we see impr ...