Itau BBA Reinstates Outperform on Telefonica Brasil, Announces $11 Price Target
Portfolio Pulse from Benzinga Newsdesk
Itau BBA analyst Carlos de Legarreta has reinstated Telefonica Brasil (NYSE:VIV) with an Outperform rating and announced a price target of $11.
September 29, 2023 | 11:20 am
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Telefonica Brasil's stock has been reinstated with an Outperform rating by Itau BBA, with a price target of $11.
The reinstatement of Telefonica Brasil with an Outperform rating by Itau BBA indicates a positive outlook for the company's stock. The price target of $11 also suggests potential upside, which could positively impact the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100