With significant hedge fund interest, Cosan S.A. (NYSE:CSAN) secures a spot on our list of the 10 Cheapest Penny Stocks to Buy Now. HSBC Downgrades Cosan S.A. (NYSE:CSAN) from “Hold” to “Reduce”, Cuts its PT to $1.13 On September 23, 2025, HSBC downgraded Cosan S.A. (NYSE:CSAN) from “Hold” to “Reduce”, cutting its price target from $1.5 to $1.13. This price revision follows steep declines in the Cosan S.A. (NYSE:CSAN)’s key units’ stock prices. Raizen is down 22% and Rumo is down 15% in dollar terms ove ...