Barclays raised the firm’s price target on Telefonica Brasil to $12 from $11.50 and keeps an Equal Weight rating on the shares. The analyst says Telefonica delivered a positive message and guidance at its capital markets day, despite a difficult setup.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on VIV: