MarketsUnknown
2.1
Itaú BBA upgrades Magazine Luiza to Buy on falling rates, real yield near 6%
InfoMoney·BR·about 6 hours ago
Banco BBI projects up to 40% potential for the Brazilian stock market, citing lower interest rates, reduced fiscal risk, and positive earnings revisions. The bank also anticipates a new wave of capital inflows. This is a bullish call on Brazilian equities, contingent on the realization of these macro assumptions.