Barclays Maintains Equal-Weight on Telefonica Brasil, Raises Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Mathieu Robilliard has maintained an Equal-Weight rating on Telefonica Brasil (NYSE:VIV) and increased the price target from $12 to $13.
December 07, 2023 | 11:26 am
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POSITIVE IMPACT
Barclays has maintained an Equal-Weight rating on Telefonica Brasil and raised the price target from $12 to $13, indicating a positive outlook on the stock.
The increase in price target by Barclays reflects a positive assessment of Telefonica Brasil's future performance, which could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100