"Brazilian Spring": Morgan Sees 50% Discharge for Domestic Actions Even After Rally
4 Articles
4 Articles
Despite the generalised rally observed since the first round of the elections in Brazil, Morgan Stanley still sees potential for valuation of about 50% in dollars for Brazilian shares aimed at the domestic market, excluding exporters. In the optimistic scenario of the American bank, which presupposes structuring fiscal reforms, the Brazilian stock exchange can still advance about 10% until the end of this year and offer return of approximately 2…
The Brazilian stock market party is not over yet — at least for Morgan Stanley. In a report released on Wednesday (21), strategists Nikolaj Lippmann, Julia Leao Nogueira and Marcos Rios claim that Brazil leads the returns of actions in Latin America and that there is still room for gains. But there is a condition for [...]
Morgan Stanley sees 50% potential for domestic actions and projects Ibovespa at 250,000 points; see sectors and actions
Report from the American bank indicates that Brazilian actions still have breath, with emphasis on utilities and financials; Nubank and Axia Energia lead the valuation projections
Coverage Details
Bias Distribution
- 100% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
