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TIM S.A. Announces Board Changes with New Appointment

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TIM S.A. Announces Board Changes with New Appointment

Meet Your ETF AI Analyst

TIM ( (TIMB) ) has provided an announcement.

On November 3, 2025, TIM S.A. announced the resignation of Mr. Herculano Aníbal Alves from the Board of Directors, effective December 1, 2025. The company has elected Mr. Denísio Augusto Liberato Delfino as his successor, also effective December 1, 2025. Mr. Denísio brings extensive experience in the financial market, having held prominent roles such as CEO of BB Asset Management and director at Previ. His appointment is expected to strengthen TIM’s leadership, given his background in corporate governance and ESG investments.

The most recent analyst rating on (TIMB) stock is a Buy with a $24.50 price target. To see the full list of analyst forecasts on TIM stock, see the TIMB Stock Forecast page.

Spark’s Take on TIMB Stock

According to Spark, TipRanks’ AI Analyst, TIMB is a Outperform.

TIMB’s strong financial performance and positive earnings call are the most significant factors contributing to its high score. The company’s robust revenue growth, profitability, and strategic initiatives in 5G and IoT are key strengths. The technical analysis and valuation also support a favorable outlook, though some operational challenges were noted.

To see Spark’s full report on TIMB stock, click here.

More about TIM

TIM S.A. is a publicly-held company operating in the telecommunications industry. It is listed on the B3 and NYSE stock exchanges under the symbols TIMS3 and TIMB, respectively. The company is based in Rio de Janeiro, Brazil, and focuses on providing telecommunications services.

Average Trading Volume: 406,227

Technical Sentiment Signal: Buy

Current Market Cap: $10.96B

Find detailed analytics on TIMB stock on TipRanks’ Stock Analysis page.

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